Spot on @Deme re: small position to start. That’s what I would likely be doing if not for the capital elsewhere position.
I also agree on your point about the multibillion dollar MC , remember it works both ways. Will entering at a slightly higher SP matter in the long run if the company eventually goes the way management want it to? I doubt it would make much impact if I buy it slightly cheaper/more expensive as I would be looking to set and forget for a decent period of time.
To @MarcD personally I would be quite shocked if financing didn’t come through, to me it’s more a question of what the package looks like. From my view everything is getting big ticks, the only possible downside is the cobalt resource is not large. Hopefully that point is mitigated by low capex and the small fact that there’s no other US domestic option at present…
One question though (and I mean no disrespect, honestly) but if you’re hearing any deal has been well received then wouldn’t others in the market be hearing the same, and SP activity would represent this? (The old proverbial ‘leaky ship’ that HC punters love to reference). If the news is out and about in some form, then the SP would imply it’s priced in already. I don’t really spend much time on leaky ship theories so may have it all wrong, but found your comment curious. Genuine question mate, not a sledge.
Cheers
- Forums
- ASX - By Stock
- JRV
- 52 Week Highs
52 Week Highs, page-107
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.43M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $53.69K | 4.746M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1020909 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 613113 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1020909 | 0.011 |
30 | 7167343 | 0.010 |
7 | 2303510 | 0.009 |
4 | 2695000 | 0.008 |
7 | 4413922 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 613113 | 4 |
0.013 | 3820769 | 8 |
0.014 | 3433857 | 10 |
0.015 | 4261868 | 5 |
0.016 | 1698705 | 7 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |