Yep its annoying. Typically a good stock should trade AHEAD of its actual position because the market is ment to be forward looking. The current BFS gives an appox SP of 13c - the new BFS (assuming all things equal, a 64% resource increase means roughly a 64% increase in forward profit) will value the company at approx 19c.
And yet, we are at 6.4 with more sellers coming on. I would really like to increase the size of my holding but we have never actually fully recovered from the last BFS announcement which resulted in confusion and a rout to the SP.
Eventually it will have to come good. When is anyones guess.
Ann: 64% Increase of Mt Carbine Indicated Resources (In-Situ), page-12
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $91.02M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.2¢ | $66.52K | 1.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 248770 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| EQR (ASX) Chart |