But is there a reason for the 20c to 4c? If we purely look at it from an ASX shell perspective without heavy dilution then yeah sure this is not bad value. But since IPO have they actually made any material discoveries? They have sold all their ipo projects already right? So now they have the comet that came with one of the raises and the Kaolin left. Everything else has failed.
So yea on surface it appears good value, but they are not delivering on their asset potentials. I saw the potential during the Currie Rose project and honestly quite disappointed that they literally released one set of results which was promising and ended up giving up after. Makes no sense.
But is there a reason for the 20c to 4c? If we purely look at it...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.354M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 287881 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1528998 | 5 |
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| Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
| AX8 (ASX) Chart |
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