Yep PAT's definitely very interesting at these levels @tabletable. The risk v return from here is exceptional considering the size and location of Gorman. Been following the thread for a while, but have generally focused on increasing position. Drilling not far away it appears and cannot ignore the sawn channel sample results.
My take is that there will be some news flow on drilling commencing which might result in a rerate before additional capital is raised. The chart shows the stock has been in oversold territory for some time, it looks ready to turn.
GL
Ann: Half Yearly Report and Accounts, page-5
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Last
8.2¢ |
Change
0.001(1.23%) |
Mkt cap ! $7.606M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.3¢ | 7.7¢ | $22.99K | 284.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 63650 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 2500 | 1 |
View Market Depth
| Last trade - 13.29pm 22/05/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.0¢ | 8.0¢ | 982 | ||
| Last updated 15.35pm 22/05/2024 ? | |||||
| PAT (ASX) Chart |