Where the price goes depends a lot on what announcements (if any) coincide with the end of the trading suspension.
For many months the company has been talking about being in advanced discussions with a 'strategic investor'. If this halt was for the purpose of finalising those discussions, and the deal did not eventuate for whatever reason, I don' think that news is priced in and the shareprice would sell.
Similarly, if the company just leaves the halt without giving any explanation of the six or seven week delay, that would cause a lot of confusion and frustration among shareholders and the shareprice would sell.
I think the company really ought to come clean on the expected timeline to production. If that advice is not fortcoming, the shareprice will sell.
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Last
6.4¢ |
Change
0.002(3.23%) |
Mkt cap ! $56.23M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.3¢ | $3.654K | 57.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26167 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 26373 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26167 | 0.063 |
2 | 19798 | 0.062 |
8 | 353024 | 0.060 |
2 | 48475 | 0.059 |
1 | 12000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 26373 | 2 |
0.067 | 70000 | 1 |
0.069 | 214286 | 1 |
0.071 | 258003 | 2 |
0.073 | 91000 | 1 |
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