I think the market is discounting cash at the moment-
This is a $9m EV play
If it was $10m cap with $1m cash, I'm sure the punters would be flocking right in. But people look at the cap and don't understand that the coy is holding ~ $8m in cash.
Todays ann is a big move in the right direction, the assays will seal the deal for the big re rate ( if favourable ) But it's in a good position.
I think the market is discounting cash at the moment-This is a...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.108M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 135482 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 383532 | 1 |
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| Last trade - 16.12pm 15/08/2024 (20 minute delay) ? |
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