At least they showed some balls and bought a parcel each recently. I have no doubt the price will rise some day, but in the short, it looks extremely bearish to me. The 2/3 of the nominated production rate, the high costs and risk involved in the frequent clearing process, the high Total Liabilities of nearly 600 mil, the debt of 150 mil, the p/b ratio of 1.4, and what I fear most is a capital raising. Anything can happen, who know.
AEMO reading, page-58
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.5¢ | $770.0K | 3.609M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 391296 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 618989 | 10 |
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| COE (ASX) Chart |