Well summarised, I’d say all the commentators here have the same...

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Maxiou

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28/04/23

11:10

Post #: 67501414
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Originally posted by HeliosUK: ↑

An EV of $12m with all of this potential - this is why I dipped a toe, but I'm wiggling another one out to see if I can get a bargain

Interestingly, with this much cash, if you were to see an 18% drop in share price (somewhat unthinkable) that would bring the EV to $0. That price point would be about 5.2c, approx 1c from where we are now.

So back of the envelope suggests that any 0.25c drop in SP from here is about 25% of the EV! Very loose numbers but it's given me a really nice way to understand what difference exists when I'm trying to get another 0.1c lower on the entry price.

The risk is that there's quite some lead time before anything grand might come to pass, and that money will be burned (and therefore market value) in doing so. But if the prospects are good, that money should translate to EV - and with the low level it's at, that could move substantially.

I need to research more, but as I say, a toe is in

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Well summarised, I’d say all the commentators here have the same view.

Waiting patiently to go big, whilst taking nibbles now.

KRM Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.0¢		Change -0.001(1.64%)		Mkt cap ! $22.60M

Open	High	Low	Value	Volume
3.0¢	3.0¢	3.0¢	$3.275K	109.1K

Buyers (Bids)

No.	Vol.	Price($)
1	206881	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	150000	1

View Market Depth

No.	Vol.	Price($)
1	206881	0.030
6	876322	0.029
1	500	0.028
3	1240370	0.027
1	125000	0.026

Price($)	Vol.	No.
0.031	150000	1
0.032	633333	2
0.033	1360620	4
0.034	254000	2
0.035	403576	3

Last trade - 15.42pm 30/06/2025 (20 minute delay)

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