agree, i dont know any of the board personally but i am guessing they are too experienced to fall in love with a project. i would also think that they are unlikely to be throwing good money after bad. they will be playing the long game here and must see potential value creation. what it does suggest however is that there isnt any new information / advancement ? on the offtakes or funding options.... yet... He obviously took the opportunity to decrease his overall buy in price. I would think he is fairly confident of doing a deal soon, ie prior to the need to raise more capital early next year. I am guessing that if a cap raise is needed, it would be at a level below this recent $0.01 per share. perchase which is well below this Directores overall average buy price.
no market reaction at all to this so far but Interesting couple of weeks coming for this company in my opinion. this space usually dead quiet from late december to late january so i am expecting news in the next two weeks... we'll see !
good luck all !
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.36M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 13.0¢ | $20.53K | 154.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 394308 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 394308 | 0.130 |
3 | 228000 | 0.125 |
8 | 296260 | 0.120 |
2 | 270000 | 0.115 |
3 | 170727 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 50000 | 2 |
0.140 | 100000 | 1 |
0.145 | 127056 | 2 |
0.150 | 13171 | 4 |
0.155 | 116265 | 1 |
Last trade - 15.05pm 12/11/2024 (20 minute delay) ? |
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Charles Armstrong, MD & CEO
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