i must admit i am tempted to sell the shares i hold in this company, mainly because of the sycophantic suck up to management posts that are dominating here
of course some holders are entitled to have a bit of a whinge - i was really getting hot under the collar about it but then i saw the placement to instos and sophs was relatively modest in most respects, and so the issue to retail isn't too bad in relative terms -it was not as though the insto one was 4 or 5 times as big
for those who say we all had opportunity at cheaper prices -well, the cheaper prices were largely in anticipation of a CR (even late March when market tanked the extra cheap prices may well have been in anticipation of a CR) , and leading up to ( 11.5 to 9c) but even post the CR announcement it dropped to just below issue price
if the company had a better record of managing its Cap Raisings ( and perhaps its cash) , it wouldnt trade at such a discount to its prospects!!
Some of you may know heaps more geology than me, but I have been in a lot of explorers and rarely does hero worship of management result in any better outcomes- u get a few who have a solid gold record, but the battlefield is littered with the corpses (not literally) of over-hyped CEO's!!
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3.2¢ |
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Mkt cap ! $31.63M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.1¢ | $5.765K | 181.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1303500 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 131820 | 1 |
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No. | Vol. | Price($) |
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5 | 1303500 | 0.031 |
5 | 3611499 | 0.030 |
1 | 150000 | 0.027 |
1 | 420452 | 0.026 |
1 | 200000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 131820 | 1 |
0.033 | 627621 | 4 |
0.034 | 72744 | 2 |
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0.036 | 1581500 | 3 |
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