Agreed.
Nevertheless, the sp is holding up well in my opinion. Look like some insto take this opportunity to accumulate as well.
From what i gathered, these are the official and unofficial sales figure:
Jan to March: 44.8kt Announce on 30
April quarterlyApril: 24.3kt - delay shipment from march but sail in April
May: ?? (probably no shipment)
Jun: according to KCF poster, 2 shipment of 11kt & 25kt (unconfirmed, need to wait for quarterly to confirm)
July: recent announcement of pending 100kt sales
Total shipment & pending sales till date if true: 205.1kt
Sales guidance for CY2020: 300-330kt
So we will need another offtakes of about 100kt.
So far, the management have been doing well in hitting all the guidance for sales over the last few year.
Personally, i don't see why they can't hit the guidance again.
Importantly, we need to diversify our customer base to reduce our risk to just those few current customer. we should get back above 20cents if another offtakes hit.
cheers
Agreed. Nevertheless, the sp is holding up well in my opinion....
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Last
8.5¢ |
Change
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Mkt cap ! $95.45M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.5¢ | 8.4¢ | $23.45K | 276.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 6168 | 8.4¢ |
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| Price($) | Vol. | No. |
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| 8.5¢ | 134210 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 15.59pm 03/05/2024 ? | |||||
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