Ridiculously cheap at these prices.
In saying that the market must have some concerns here or misunderstands the project.
Biggest overhang is probably ongoing funding. The market does not know how they will fund this to production.
Until this is made clear the doubt will linger and selling will continue.
Maybe the directors do need to step in and buy on market to give some confidence.
All my.opinion
Cheers
Ann: September Quarterly Report and Appendix 5b, page-5
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $22.78M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.0¢ | 5.7¢ | $21.58K | 373.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 337893 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 145155 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.001 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.9¢ | 5.7¢ | 398014 | ||
| Last updated 15.45pm 05/06/2024 ? | |||||
| EM2 (ASX) Chart |