I think you may have paid a premium for cash flow the company is yet to produce, even if the mine produces what is planned the share price has some blue sky in it. You have paid for something not discovered and definitely not yet announced.. i appreciate the conviction though
50 cents December, page-49
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Last
1.6¢ |
Change
0.002(10.3%) |
Mkt cap ! $21.17M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $19.21K | 1.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3716666 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2548658 | 2 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| LRL (ASX) Chart |