1 cent represents a market cap roughly equal to the cash they hold (according to the last quarterly). Even at the current level, there is little speculative value priced in. For the meduim term, they will be reliant on equity raising to continue. Providing they do something and not just burn through this cash, i'm hopeful. They have the vehicle and people to vend a good asset, plus gold is strong at the moment.
1 cent represents a market cap roughly equal to the cash they...
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $3.771M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $2.027K | 386.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6845335 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1603556 | 3 |
View Market Depth
| Last trade - 11.12am 07/05/2024 (20 minute delay) ? |
| BLZ (ASX) Chart |