Sorry mate, I agree that sentiment is important but all that's required for sentiment to improve is for momentum to kick in. If they were mining tomorrow it would be a $400M asset with $250mp.a. in annual revenues trading at a $350m market cap.
That's just not going to happen. If that were the case you'd see a hostile takeover quicker than you could blink. There's still some uncertainty around mine finance and another possible capital raising followed by a share consolidation. That's what's capping price ATM.
Once this is resolved you'll see this trade closer to it's fair value a little under $0.5 5 years would be closer to $2 imo
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Sorry mate, I agree that sentiment is important but all that's...
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Last
8.8¢ |
Change
-0.001(1.12%) |
Mkt cap ! $132.7M |
Open | High | Low | Value | Volume |
8.9¢ | 9.1¢ | 8.7¢ | $631.6K | 7.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 201385 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 88566 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 179389 | 0.087 |
12 | 694386 | 0.086 |
23 | 1170730 | 0.085 |
5 | 734586 | 0.084 |
7 | 797715 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 88566 | 1 |
0.089 | 1105000 | 3 |
0.090 | 917786 | 2 |
0.091 | 92786 | 1 |
0.092 | 100000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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