If you gotta explain a joke then it ain't a joke.
aberfan was trying to make sense of a pre-revenue developer having a higher market cap than a profitable producer. I was just suggesting that it makes about as much sense as a bird in the bush ie a miner that may or may not become a profitable miner, being worth more than two in the hand ie a miner that already is a profitable producer.
Ann: March 2021 Quarterly Report Guidance Eridanus Orion update, page-77
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Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48057 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 5243 | 3 |
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| RMS (ASX) Chart |