I thought the news was a bit underwhelming given what was needed to re-rate this stock and support an increased SP. I predict a 10-15% drop off on the SP based solely on the "dull news" event, and possible CR at lower prices. They will be running out of cash in 8 weeks and probably need another $5m in the next 8 weeks for the period ahead. If they raise cash at sub 4.5c this stock is going nowhere for 5 months. They'd be better to announce a JV deal with a mining group and start producing gold and pull up on the Cap Raises. Just my opinion. I thought we were going to get a real kicker this month end and the SP would run to 6-7 cents. Not so it seems. We are on the way back down.
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $133.6M |
Open | High | Low | Value | Volume |
36.5¢ | 37.5¢ | 36.5¢ | $54.27K | 146.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3000 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 10141 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3000 | 0.365 |
2 | 11520 | 0.360 |
3 | 93500 | 0.355 |
1 | 34016 | 0.350 |
2 | 35791 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 10141 | 3 |
0.380 | 125233 | 7 |
0.385 | 37000 | 5 |
0.390 | 67500 | 4 |
0.395 | 25000 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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