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.
Hi 42trader. Yes the final numbers are important but whichever...
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Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $83.24M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.3¢ | $105.1K | 2.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 322845 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 420734 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ATC (ASX) Chart |