Thanks Taken on board , i will take another look at my expectations, I am comparing this to another stock I hold which has similar "funding issues" in the DRC which has proven resource , machinery , etc but is just not able to get itself off the ground , maybe due to legal alignment of all interested parties , which has venture capital finance companies taking the proverbial out of the company coffers.. while everyone seem to want to pull in a different direction.
Which is why IVZ may/may not be on the cusp of a similar situation. ( I know different country different dynamics but still AFRICA) That stock has been in a TH for some time now and is sitting at just over the 1.2c and MCap of +/-26mil on a billion dollar resource.
Granted, this has fewer SOI but I think will definitely need a good cap raise in the future and a lot more shares issued to dilute holdings, in the meantime I think the venture capitalists will be the winners in the short term even before the hyenas get to it. My Take is that If I bought in today I will not see green on this stock come June 2020. IMO.
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Thanks Taken on board , i will take another look at my...
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6.9¢ |
Change
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Mkt cap ! $104.6M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.9¢ | $64.32K | 927.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 336596 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 105714 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 336596 | 0.069 |
4 | 214705 | 0.068 |
2 | 218700 | 0.067 |
2 | 44576 | 0.066 |
1 | 150000 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 105714 | 2 |
0.071 | 764037 | 7 |
0.072 | 1100138 | 10 |
0.073 | 1036012 | 6 |
0.074 | 1002617 | 6 |
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