Elite management team ? ....I'll take your word for that mate, but IMO they seem to be like most small cap resource companies at present - very good at filling their own pockets with cheap stock, flying in the pointy end of the plane and generally living the high life while the share price goes backwards.
Look at the chart, this thing could go back to 20 cents in a heart beat or even lower.
You mention the $100m from big players but fail to mention that the money was raised at $.76 or 50% plus higher than where it is now. which means there is going to be a massive overhang in the market if the stock ever gets back to anywhere near that level.
These guys are getting paid plenty
Yet they have delivered this......
Elite management team ? ....I'll take your word for that mate,...
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $380.0M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 30.5¢ | $1.245M | 4.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19705 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 78278 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |