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
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $88.94M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 157874 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 293585 | 0.050 |
4 | 239659 | 0.049 |
2 | 110416 | 0.048 |
5 | 144612 | 0.047 |
5 | 280001 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 157874 | 4 |
0.053 | 358307 | 4 |
0.054 | 100000 | 1 |
0.055 | 188703 | 3 |
0.057 | 218329 | 2 |
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