Based of the current knowledge of the 3 potential finds, and the fact that activity has just started with massive drilling over the next months, a fair value now for the the share price (pre any find) should be 7-8 cents based on comparable company market caps. The market, as we know, is a strange beast and we could get to this share price level in a week, or it might gradual over next month or two. Fundamentals great, and chart superb too. Should start to attract a lot more attention. I’ll be buying more.
Ann: Drilling Commenced at Illaara Project, page-9
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $67.54M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $26.03K | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7702045 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 267989 | 2 |
View Market Depth
| Last trade - 12.24pm 03/10/2024 (20 minute delay) ? |
| DRE (ASX) Chart |