Agree.. they literally just raised funds a few weeks ago..
in addition to cash on hand they've probably got around 1.4 million.. this is fairly standard for a microcap in their position I think they could probably hold out for at least a few more months.. a lot of the costly exploration work has already been completed for now..
the company has simply re-rated due to the fact it was incredibly undervalued.. personally I think it could double again and still be trading at fair value.
I think there's just a lot of burnt holders here that are taking their frustrations out on the forum, the opportunity was there to average down..
Agree.. they literally just raised funds a few weeks ago..in...
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Last
63.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 381 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 195062 | 2 |
View Market Depth
| Last trade - 10.07am 25/06/2025 (20 minute delay) ? |
| MTM (ASX) Chart |
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