SPP participation rate was predictable in the circumstances.
The share price was 0.8c pre the announcement.
The catalyst for a re-rate back above 1c will be news on El Palmar.
If its underwhelming, then we have a problem.
If its better than market expectations, we breath again.
It is also important to remember that we have a data room open and there could be a deal or multiple deals in the months ahead.
Near term downside very limited.
Near term upside could be big in percentage terms off a very low base.
Medium term is a guessing game dependent on too many different possibilities.
DDD
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.94M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $291.9K | 19.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6050285 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 3296505 | 4 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| STM (ASX) Chart |