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16.7%

0.4¢ javelin minerals limited

you wont know how low the EV is until you know the price of the...

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05/12/16

16:51

Post #: 21115970
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Originally posted by fun-damentals ↑

the raise will be to private/sophisticated investors, there isn't going to be a way to access the capital raise, so no point in waiting for it.
Once they have money, they have extremely low EV, with plans going forward. If you look at what RMX and EYM did, it pretty much mirrors it.

I realise a lot of posters have been burnt on way down, and I understand they're extremely unhappy, it was the same case with EYM and RMX. Old holders were very unhappy and sold out.

VIC is way smaller market cap than RMX or EYM, hence much cheaper.

I've searched through ASX by mkt cap smallest to highest, I can't see any other company capped so low with any clear direction.

after consol only 41.7mil shares on issue, over half the shares on issue traded last week alone and price went from opening 0.8c to closing 2c last week, which suggest a huge turnover of old holders giving up and new holders coming in.

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you wont know how low the EV is until you know the price of the raise

VIC Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.4¢		Change 0.001(16.7%)		Mkt cap ! $18.16M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$6.716K	1.922M

Buyers (Bids)

No.	Vol.	Price($)
36	27662403	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	17771933	11

View Market Depth

No.	Vol.	Price($)
36	27662403	0.003
29	32029624	0.002
46	202586520	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	17771933	11
0.005	18277796	15
0.006	19025958	8
0.007	375000	2
0.008	1115125	2

Last trade - 14.59pm 08/11/2024 (20 minute delay)

JAV (ASX) Chart