It’s okay everyone, all investments are speculation about the future. That is why the future is always priced in based on likelihood, ie we were expecting a slightly similar or better LOM update, hence SP dropping.
similarly we are making $0 profit at the moment and SP reflects the state of the world economics and our risk (little but still present) of not making the big bucks.
Don’t cry too much over shorters, they keep the pump/dump and inflated SPs honest and vice versa. If we were truly so cheap and undervalued then we should be being snapped up by the truckfull by sophs/funds, but we aren’t, because there is still risk in this company (technically) and the world at the moment.
I still think we will be doing well by next year, much better than now. Just gotta ride with ups and downs and who cares if our share price is 10c, 50c or $1.50 right now, we are waiting for production anyway assuming you are an “investor” which we all realistically are.
It’s okay everyone, all investments are speculation about the...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $942.0K | 8.871M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 3628793 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2326506 | 24 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |