Too many shares already issued to get to those sorts of values even if we do strike a deposit of nickel.
"IF" a drill does intersect a deposit the sp will spike in anticipation that the deposit will be of some considerable size, however if the next drill brings up nothing the sp probably would retract. Personally I would sell out on a spike and get some of my money back, especially if the first drill intersection was narrow. IMO
Ann: Half Yearly Report and Accounts, page-40
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Last
0.4¢ |
Change
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Mkt cap ! $36.88M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $9.481K | 2.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 57224155 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 85291953 | 37 |
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| AMD (ASX) Chart |