"This is what everyone was waiting for?" - Nope, but can see how you came to that conclusion after looking at some of the AIS threads recently. Feels like eyes were taken off the prize a little bit.
The key catalyst for both the ST and LT share price will be in the drilling results largely at Cracow (some of which we recently saw). These guys are making loads of cash now, and are planned to in FY22 as well, but the markets real worry and cap on the SP is in line with the question 'what happens after FY22?'. Once we see some large successful drilling results, I am sure that this will rerate hard between 15-20c. DYOR.
"This is what everyone was waiting for?" - Nope, but can see how...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 21.5¢ | $384.8K | 1.718M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 329167 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AIS (ASX) Chart |