One is a vehicle, the other are passengers that barter over their tickets of their seats in that vehicle.
And the destination of that vehicle, is not valued by the current passengers, but by industry in a takeover, or by price earnings dividend yield buyers in a different class.
Think of the current passengers as rift buyers in third class sharing a DC3 with Elma the moose.
By the time we progress to developer, we are upgraded to a A380 first class.
contrarian buyers take the bet on that transition. Those who sell their seats today, for around the 106 ish mc, do not share in the upgrade that industry players will value the security of supply from a tier 1 jurisdiction.
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12.5¢

Ann: Renard Project Update, page-225
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $30.48M |
Open | High | Low | Value | Volume |
13.5¢ | 13.8¢ | 12.5¢ | $92.71K | 705.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 471999 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 102326 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 471999 | 0.125 |
4 | 223841 | 0.120 |
8 | 134391 | 0.115 |
3 | 918290 | 0.110 |
1 | 250000 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 102326 | 3 |
0.140 | 192261 | 7 |
0.145 | 51888 | 1 |
0.150 | 118796 | 4 |
0.155 | 111972 | 4 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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WR1 (ASX) Chart |