I've given up trying to predict how the SP will react to any news, good or bad.
I think all we can do is wait and see. Either the SP will go up after the next drilling campaign results are in and a resource quantity starts to form, or TYX will go broke. There are limited funds in the coffers and drilling is not free. Any capital raising would just dilute the SP to an unsustainable level IMO.
Based on its history TYX will likely find what it wants but sell it before they make any money for shareholders.
Cheers!
Catweasle
I've given up trying to predict how the SP will react to any...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $36.16M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $94.20K | 9.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 809677 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 6773578 | 12 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
0.001 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.1¢ | 1.0¢ | 4114608 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| TYX (ASX) Chart |