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11.7%

52.5¢ 29metals limited

I pray you get your money back. Will need a miracle.

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trader8888

2,948 Posts.

166

15/02/24

13:23

Post #: 72423301
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Originally posted by kray ↑

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.

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I pray you get your money back. Will need a miracle.

29M Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 52.5¢		Change 0.055(11.7%)		Mkt cap ! $350.8M

Open	High	Low	Value	Volume
47.5¢	53.0¢	47.5¢	$1.699M	3.375M

Buyers (Bids)

No.	Vol.	Price($)
10	13687	52.5¢

Sellers (Offers)

Price($)	Vol.	No.
53.0¢	206605	15

View Market Depth

No.	Vol.	Price($)
19	69089	0.520
12	87738	0.515
17	146807	0.510
10	127018	0.505
13	112720	0.500

Price($)	Vol.	No.
0.525	36178	9
0.530	207210	15
0.535	269871	9
0.540	259866	6
0.545	153073	6

Last trade - 13.28pm 29/04/2024 (20 minute delay)


Last 52.5¢			Change 0.055 ( 12.4 %)
Open	High		Low	Volume
47.5¢	53.5¢		47.5¢	598462
Last updated 13.48pm 29/04/2024 ?

29M (ASX) Chart