Yeah, not a particularly great look.
I'm thinking that it's probably worth waiting for the PFS to be released, along with the reserve estimate; once those are out, if the company can't get some momentum on funding inside a couple of months, I suspect that we'll see a rapid drop in price for the shares, and probably a takeover at a low valuation.
It's a little depressing to watch, really.
5c here we come?, page-2
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20.0¢ |
Change
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Mkt cap ! $53.28M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $25.31K | 126.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5384 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 14748 | 4 |
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| PEK (ASX) Chart |