Cash is worth 2c a share, valuing the rest of the company at about $20Mill. I am sure they would get more than that just mining the IO at current prices! Ridiculous!
We are seeing M&A activity in IO in the Pilbara because company valuations have fallen to overly pessimistic levels. VMS is just another example.
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.47M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $4.338K | 288.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3720677 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2045927 | 10 |
View Market Depth
| Last trade - 11.47am 14/07/2025 (20 minute delay) ? |
| CRI (ASX) Chart |