Realistically it's a risk play. I bought in sub 3 cents and didn't sell a single share as that aligns with my strategy. Clearly lines are being manipulated, with reason to buy at a discounted rate. I would say regardless of the macro economic situation 25 million MC with 2 million cash in the bank is fair with this speculative side of the micro-caps. I have bought multiple times today from .075 upwards.
As for the CR possibility, this company has good management and will call a CR when necessary, this is not another lifestyle p&d company.
Ann: New Bullseye Gravity Target at West Arunta, page-490
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 (20min delay)
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Last
7.6¢ |
Change
-0.003(3.80%) |
Mkt cap ! $21.91M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.2¢ | 7.6¢ | $325.4K | 4.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62597 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 62444 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
7.6¢ |
Change
-0.003 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.2¢ | 7.6¢ | 1669438 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| RCR (ASX) Chart |