29M 4.82% 39.5¢ 29metals limited

I would gladly boast of being short 29M, because that would have...

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  1. 5,279 Posts.
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    I would gladly boast of being short 29M, because that would have been a great trade since I first posted a critique on here in June 2023 at 70.5c. Alas it would be a lie.

    What I am, is able to read a balance sheet. 29M’s is a dumpster fire, which tells me where this is eventually going to end up, especially given the unfortunate circumstances they find themselves in (cleaning up a flooded and now suspended mine whilst bearing an ever-growing debt burden).

    You carry on ramping it and pretending every contrary opinion must be a shorter, but I sense you are likely going to be taught a nasty lesson here. Good luck.
 
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Last
39.5¢
Change
-0.020(4.82%)
Mkt cap ! $277.3M
Open High Low Value Volume
40.5¢ 41.5¢ 39.0¢ $624.7K 1.577M

Buyers (Bids)

No. Vol. Price($)
6 115770 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 13890 1
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Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
29M (ASX) Chart
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