There is another aspect that no one has mentioned. The offer reduces your risk. Instead of 4.7c at the moment you are risking only 2c per share. If for some reason the results are not good, you lose less money. If the results are good the share price will go up and all is good. I like the idea of enabling or investing to get the next drill done. I like this company.
There is another aspect that no one has mentioned. The offer...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.478M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3566666 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1011380 | 2 |
View Market Depth
| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 65000 | ||
| Last updated 14.39pm 03/05/2024 ? | |||||
| RLC (ASX) Chart |
Day chart unavailable