So, what is this missed great buying opportunity?
12 months ago, the share price was 9.6 cents and a month ago the share price was 5.3 cents.
The share price is down on both the yearly and monthly charts.
Then you have the debit that appears in reporting as being paid off from diamond sale revenue, yet the company keeps issuing new shares to raise capital.
Going by the current trend in debit and other project future costings like rehabilitation and mining upkeep costings, this company will probably have to issue another 600 million shares by the time they are in a reasonably debit free financial position.
An absolute disaster, but maybe still worth holding some stock for the slightly improving Kimberlite results.
Could be worth a punt in the low 4 cent range if it gets back down there again.
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Last
4.0¢ |
Change
0.004(11.1%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
3.6¢ | 4.0¢ | 3.6¢ | $2.679K | 67.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 56526 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 320546 | 0.035 |
1 | 85000 | 0.034 |
1 | 210000 | 0.033 |
1 | 10000 | 0.032 |
1 | 50000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 56526 | 1 |
0.046 | 150000 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
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