Disagree:
They are two months into the Nifty reset plan. They have spent the money to improve stopes and reduce costs as outlined in the quarterly.
Exploration drilling starting with a diamond and RC rig in the 'Patterson' - that should put on 50 million to the Market Cap - LOL.
No share issue to raise capital, so non-dilutionary.
In fact, the share price could even go up today with this news.
Ann: Quarterly Activities Report, page-7
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Last
47.5¢ |
Change
0.020(4.40%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 48.0¢ | 46.0¢ | $796.4K | 1.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 74902 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 3748 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
47.3¢ |
Change
0.020 ( 4.33 %) |
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| Open | High | Low | Volume | ||
| 46.5¢ | 48.0¢ | 46.5¢ | 387650 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| MLX (ASX) Chart |