That would be the case if this was at 5c+...
However at 3.5c this company is trading at shell value - $4M EV only - with no value ascribed to the current drill results or future exploration upside, particularly when compared to $40m MC+ peer SGQ.
Difficult to ignore the massive volume we saw last week too. Definite upside from here IMO!
However, as always: the market decides the SP, not me - so we will have to see what next week brings.
GLTAH
That would be the case if this was at 5c+... However at 3.5c...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.683M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $9.758K | 2.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 196957 | 1 |
View Market Depth
| Last trade - 12.52pm 28/06/2024 (20 minute delay) ? |
| GCM (ASX) Chart |