Yes it's all relative!
I just try and look at it like this with spec stocks... With the information known now, is there a clear path for the current market cap of the company to increase by multiples?
Section 18 approval + good results from Brazil projects are those clear paths IMO - Based on comparative valuations.
Cheers!
Ann: Change in substantial holding from BM8, page-6
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.67M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $10.41K | 37.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2800 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 3191 | 1 |
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| Last trade - 15.42pm 02/09/2024 (20 minute delay) ? |
| EQN (ASX) Chart |