Please don't simplify the price fall to shorters. Look at the company management and the decisions that got the company to this point.
It is obvious at this point company is cash burning. Maybe management could enlighten the suffering shareholders what plans is being put on the table. The deafening silence is a disgrace to shareholders.
Last 3 quarters 23Q2, Q3, Q4 cashflow is negative $65m per quarter. So for 3 quarters what has the company changed? And what next?
Please don't pray for copper and zinc prices to recover. Don't need to pay management $millions for that.
Please don't simplify the price fall to shorters. Look at the...
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $315.8M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.5¢ | 45.0¢ | $1.034M | 2.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 607704 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 262080 | 11 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| 29M (ASX) Chart |