Just to get this right;
based on current market cap of roughly $60m and the presentation today stating that the company has no debt, $27m in cash plus $3m in KIA equity, would that mean that someone can buy a total of 214Mt at 1.2% Li2O Ore Reserve for a mere $30m? seems a tat ridiculous?
Just to get this right; based on current market cap of roughly...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $48.20M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 18.5¢ | $140.4K | 731.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 185944 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |