A40 going into administration, PLS in trading halt on AFR speculation of a cap raise...only one that hasn't had 'bad news' is AJM and I suspect that there are many who are connecting the dots and anticipating a TH around the corner here.
Personally i'm out and have been out for a while...but I think AJM has consistently outperformed both PLS and A40 for a while and will continue to impress. Opex has been reduced QonQ, good offtaker mix, upgrades/adjustments to plant have yielded positive results.
As mentioned again and again, the debt is the spectre hanging over this operation and the current prices for spod are making it very difficult...but i'm tipping that they will make it. Will be v.interested in their next quarterly report.
A40 going into administration, PLS in trading halt on AFR...
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $11.17K | 3.723M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 48397880 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 38957026 | 85 |
View Market Depth
| Last trade - 15.39pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 243619 | ||
| Last updated 11.15am 03/05/2024 ? | |||||
| 1MC (ASX) Chart |