Why is that optimistic? Circa $40-45m feels about right for the current reserve/resource base plus cash and a small change of control premium.
Just because the current share price is horrific, doesn't mean the intrinsic value in the eyes of the board in particular isn't higher.
Why is that optimistic? Circa $40-45m feels about right for the...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.830M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2105211 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3778476 | 8 |
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| Last trade - 15.00pm 04/10/2024 (20 minute delay) ? |
| MEL (ASX) Chart |
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