I agree with you, Malaga. I don't proclaim to know any more than anyone else here, but I think Buckland may be correct. Consolidations can go either way, but the timing seems way off to me. I don't see any advantage to doing it now if we are looking at good results. It should have been done prior to the current trials starting to maximise the value of the company, and if the results are good, waiting would not be a bad move. So why now? The last CR was poorly timed also, IMO, although I know there are those that disagree with me there.
Having said all that, management know a lot more than I do and there may be a master plan being executed. If so, I can't see what it is. I don't think the market will, either, so while I won't be selling my small wager, I won't be topping up either. 0.4/0.5c this week wouldn't surprise me.
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I agree with you, Malaga. I don't proclaim to know any more than...
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Last
17.3¢ |
Change
-0.008(4.17%) |
Mkt cap ! $83.90M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.3¢ | $59.77K | 338.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 376984 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 25091 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 366984 | 0.170 |
7 | 256513 | 0.165 |
9 | 399304 | 0.160 |
6 | 336734 | 0.155 |
8 | 227993 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 252275 | 4 |
0.185 | 367471 | 6 |
0.190 | 820111 | 8 |
0.195 | 593409 | 10 |
0.200 | 302726 | 11 |
Last trade - 15.42pm 13/09/2024 (20 minute delay) ? |
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