Drill results mean nothing when your company is worth 35 mil and you have 300k of assets. Then you mention a grant for 400k. What's next? I think everyone can guess. Took a punt on this just from a TA side of things but recent price movement against silver is a bearish warning sign imo. Will sell at least half my position today and rotate to something that is outperforming. The only catalysts I see are POS and decent results but that means nothing without money. Have I missed something here? What is your thesis for this being at an "absurd valuation"?
Drill results mean nothing when your company is worth 35 mil and...
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Last
80.5¢ |
Change
0.040(5.23%) |
Mkt cap ! $67.51M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 81.5¢ | 76.5¢ | $483.9K | 610.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21000 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 46100 | 4 |
View Market Depth
| Last trade - 15.54pm 02/10/2024 (20 minute delay) ? |
| SS1 (ASX) Chart |