No. It's your perception of number of shares; you should use market cap.
There are a number of reasons for this not shooting to the moon today, the two important ones are:
1) There is an overhang of equity issued at 0.9c a few months ago
2) Augur drilling only goes so deep.
However the results have been impressive enough to give a few people enough incentive to speculate ahead of the RC drilling. It's really a game of patience from here to mid April. I would think that any visible sign of continuity at depth would be thrown up as an market sensitive announcement, as that would be a Big Deal.
No. It's your perception of number of shares; you should use...
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Last
34.0¢ |
Change
-0.025(6.85%) |
Mkt cap ! $168.7M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 34.0¢ | $69.70K | 197.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10238 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 31447 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |