I think my earlier prediction of 1.2-1.3c by year-end might have been too generous lol.
Not sure why everyone keeps talking about how the market cap is not reflecting the 15m added to the kitty. Yes it's nice to have money. Anyone can come into money and then lose it because they had a poor financial plan.
Simply put, until the market knows the plan that this money will be funding, and sees evidence of that plan kicking off, it won't go up. And IMO the longer that information takes to surface the more the markets will lose faith in the company. News seems to be taking a long time which is surprising, as they would have already had the plan mapped out.
A simple market presentation with a basic timeline would do wonders for the SP IMO.
I think my earlier prediction of 1.2-1.3c by year-end might have...
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $36 | 18.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 96274958 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 38388507 | 53 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| VML (ASX) Chart |