The equation is pretty simple here: The shares will go up when the orders start coming in. If the best they can offer is a $1m order with Aramco then the best we can hope for is sideways. It's been almost six months since the cap raise when they indicated outstanding bids of ~$90m with most of those to be settled in the next 6 months. Aside from a couple of piecemeal orders it has been crickets since then. The SP reflects that.
The equation is pretty simple here: The shares will go up when...
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $66.02M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $83.04K | 279.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 177114 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MCE (ASX) Chart |