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.
At least they showed some balls and bought a parcel each...
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Last
22.3¢ |
Change
-0.003(1.11%) |
Mkt cap ! $587.4M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $391.6K | 1.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 49921 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 437731 | 20 |
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| Last trade - 13.46pm 28/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |