Last time I checked this is still a public listed company and not a private limited toolshed with one shareholder. You are allowed to have an opinion even if you are not a shareholder. Or you could be thinking of being a shareholder or adding more. Part of this process includes due diligence of the company cashflow.
If you held this stock since it was a micro cap explorer, you will know that they used to take the drill rig out every year and find nothing. Then they dilute to raise money and do the same thing again next year. A very efficient and predictable business model of mining.
Now with cashflow hopefully they won't have to dilute to raise money for exploration or fact finding.
Ann: Quarterly Appendix 5B Cash Flow Report, page-15
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Last
$2.27 |
Change
-0.100(4.22%) |
Mkt cap ! $550.8M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.35 | $2.25 | $857.5K | 376.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5692 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 2651 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.27 |
Change
-0.100 ( 4.20 %) |
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| Open | High | Low | Volume | ||
| $2.32 | $2.33 | $2.25 | 63734 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| DVP (ASX) Chart |