You're right, it doesn't make sense.
But we have a sub $15m market cap and a ton of long awaited and potentially company defining announcements due in the next 3 to 6 months:
- Mineral Resource Estimate (MRE), taking the DSO from 8mt with at 52% cut off, to potentially 15mt with a 40% cut off (and a lot more to be proven up over time)
- Pre Feasibility Study due within the next 6 weeks that should at least confirm, if not improve on, the numbers in the Scoping Study.
- MOU with the Government that will clear the way to go mining, and likely start with a bulk sample
- Funding Discussions that could take any shape or form, including the potential for no (or minimal) dilution
I think each of these have the potential to raise the price and form a new base, but we never know what the market will do.
The thing to remember is it was sub 100,000 shares traded, which was valued at less than $11,000.
- Forums
- ASX - By Stock
- AKO
- Ann: Bekisopa PFS Update-Testwork suggest increased saleable ore
AKO
akora resources limited
Add to My Watchlist
1.00%
!
9.9¢

Ann: Bekisopa PFS Update-Testwork suggest increased saleable ore, page-8
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $13.52M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.9¢ | $128 | 1.282K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 100489 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.091 |
2 | 27777 | 0.090 |
1 | 250000 | 0.085 |
1 | 6000 | 0.084 |
1 | 69932 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 100489 | 2 |
0.110 | 32400 | 1 |
0.130 | 156514 | 2 |
0.135 | 13913 | 2 |
0.195 | 2653 | 1 |
Last trade - 10.00am 17/06/2025 (20 minute delay) ? |
Featured News
AKO (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online