Yes $2.58m to explore this prospect is grossly inadequate. I see no contrarian opinion on that point. Unless S2 get very lucky and succeed where $20m of previous exploration has failed there will be no new significant discovery next Q and probably not this year. Will the high market valuation for a company with no commercial discoveries and heading for a big CR and share dilution be maintained?
Yes $2.58m to explore this prospect is grossly inadequate. I see...
Add S2R (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $52.07M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $50.32K | 430.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 99105 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 75516 | 2 |
View Market Depth
| Last trade - 15.19pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.0¢ |
Change
-0.005 ( 12.0 %) |
||||
| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 11.0¢ | 167801 | ||
| Last updated 15.46pm 07/05/2024 ? | |||||
| S2R (ASX) Chart |