"so I do agree the iron ore sentiment will impact market valuation In the short term and potential benefit to shareholders"
I agree with this to a point.
Positive Section 18 + JV/funding announcements would still provide significant uplift to the current MC of the company. It *may* not be as high of an uplift if there's IO sector headwinds, but IMO the MC of the company wouldn't be $34m anymore.
Cheers!
"so I do agree the iron ore sentiment will impact market...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $16.71M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $10.25K | 74.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8724 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 116822 | 2 |
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| Last trade - 15.26pm 01/11/2024 (20 minute delay) ? |
| EQN (ASX) Chart |