Hi 42trader.
Yes the final numbers are important but whichever way you slice and dice it I think we can all mutually agree that the projected SP is well north of here.
For me, its the risk element of the whole process and I think its where the market is at with it at the moment. As mentioned in the first or second paragraph the pre condition of the ECA cover is a sucessful completetion of the 100m funds required to recieve the cash.
At this point in time until that is completed I can’t see the SP moving far as you are gambling on a binary outcome. I do believe it will be successful however which is why im waiting for the last finance derisking event to happen before happily becoming a shareholder again.
You could buy now and maybe save having to pay more later but for me its risk control.
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $90.66M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.2¢ | $75.25K | 1.385M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 117334 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.051 |
6 | 175344 | 0.050 |
6 | 327573 | 0.049 |
4 | 325559 | 0.048 |
4 | 554734 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 117334 | 1 |
0.055 | 150000 | 2 |
0.056 | 320626 | 4 |
0.057 | 267050 | 2 |
0.058 | 1123888 | 4 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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