Basically dead as a doornail.
Ok grades, but a huge 2billion shares on issue and not a lot of cash moving forward has basically driven this into the ground
It sure is a hard slog for these penny explorer stocks that raise and raise and increase the share registry to a point where the dilution is just too much.
The only answer here is a 100 for 1 consolidation and then raise more cash, imo ,but at least the share structure would then be a manageable few hundred million shares on issue
The big question is. Are punters willing to put more money in.?
drifta
Ann: High Grade RC Drill Results - Horse Well Gold Joint Venture, page-2
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $172.7M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.0¢ | $152.6K | 1.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 690374 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 188878 | 5 |
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| Last trade - 15.56pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.8¢ | 10.8¢ | 10.0¢ | 678655 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| STK (ASX) Chart |