@surat I agree with what you say to a point however GRE are worth $24M with a share price at 50c as of just now(11.30am AEST - 19.06.2023). AAJ are worth $9M with a share price of 4.8c.
Point being the market capital price is more relevant than the share price. if AAJ goes to up to 33c from the GRE price mentioned AAJ ends up at around that $40-45M capital mark.
Agree - market cap of AAJ should be more at this time. However a lot of people are pulling their money out of the share market & placing it in funds for a rainy day for the next interest rate rise or even a term deposit as it's a safer bet on decent interest than a volatile share market.
All the best & good luck to all long term holders.
Ann: Additional Commitment Received for Placement, page-14
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Last
1.2¢ |
Change
-0.005(29.4%) |
Mkt cap ! $2.362M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.2¢ | $32.05K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 978878 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 269000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| AAJ (ASX) Chart |