Yeh i disagree. The amount of gold they have sured up isnt the problem. The amount of cash they have is.
I think they are trying to limit the cash burn, and i would do the same thing until the dfs is sorted.
And im pretty sure over the last few weeks, since a couple if larger holders have stopped dumping, the price is going up?
Ann: Financial Report for the half year ended 31 December 2023, page-12
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $84.95M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.4¢ | $372.0K | 10.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 93036 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 228555 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
-0.002 ( 6.98 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.4¢ | 4137892 | ||
| Last updated 15.54pm 21/05/2024 ? | |||||
| AUC (ASX) Chart |