Looks like the company is using all the loopholes to suck the money out of the market without breaking any laws. Not sure what the regulators can do without new laws. They are paying contractors to dig up the ground. So, they are at least pretending to be doing something in exchange for the money. Then they get people to do rock chip sampling after the drilling. The law doesn't say they can't waste shareholders' money.
They keep saying they are 'very encouraged' and 'thrilled' with the results. That's probably unethical and likely to misguide new investors but I guess it's legal too. They are thrilled with crappy results.
They keep raising money at deep discounts after telling how good the projects are, but I guess that's legal too.
Looks like the company is using all the loopholes to suck the...
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0.9¢ |
Change
0.001(5.88%) |
Mkt cap ! $8.879M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $9.252K | 1.032M |
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| No. | Vol. | Price($) |
|---|---|---|
| 21 | 8161881 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1490200 | 3 |
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| Last trade - 15.09pm 20/09/2024 (20 minute delay) ? |
| MKG (ASX) Chart |