They are creating shareholder value, it’s just that the shareholders are shooting themselves in the foot by selling their shares. Can’t blame management for that.
The market just doesn’t make sense, in general. This has been a really shit year to invest in anything really - not sure if next year will be much better - macro economics don’t look great yet. From 2025 we’ll probably see some money flow back into the speculative market.
Until then the main things to look at are the fundamentals of the company and are they improving. I think that’s definitely the case here.
Ann: Gas Flow from Permeable Zone Provides Unexpected Upside, page-271
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $113.1K | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 597400 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 70000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| EXR (ASX) Chart |