Can anyone clarify what this chart says? I confess I have no idea.
Seems to me that we are "paying" over $1B to get our hands on $342 in cash and some short life mines (not my opinion, just quoting what I have gleaned).
I would be much obliged to anyone who could clarify what these mines are worth to us and why?
$40 cents club, page-1258
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Last
41.8¢ |
Change
0.008(1.83%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.5¢ | $6.352M | 15.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 949768 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 1654837 | 61 |
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| Last trade - 12.14pm 21/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |