The stock is overvalued.
At nearly $20 million market cap and about $3.5 million in the bank, as an explorer it is way ahead of itself.
As I said in previous post, looks like an accumulator
Ann: Hong Kong Mines & Money Presentation - 24 Mar 2015, page-15
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $202.4M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.4¢ | $115.2K | 3.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3384069 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 505161 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| MMI (ASX) Chart |