BH says compared to other REE companies he believes OD6 should today have a market cap of $100 million. That’s great but how will the company get that mc?
Announcements, coffee talk shows, 10 minute broker presentations????? So far none of these work. In fact the sp falls following those activities.
No earth moving resource reports near term as the $3 million bank account gets spent. A fundraiser at current sp would be a disaster for shareholders.
So what can move this sp towards a mc of $100 million? Partnership with a large supportive cornerstone investor.
BH has to be talking to other potential investment parties but who? Will we get a surprise announcement? I hope so and soon. To be raising money with only a couple of million or less in the bank would be sp crushing.
Huge buy at these ridiculous prices imo.
BH says compared to other REE companies he believes OD6 should...
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5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.655M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25729 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 90185 | 1 |
View Market Depth
| Last trade - 16.12pm 13/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.000 ( 3.51 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.9¢ | 2337 | ||
| Last updated 11.36am 13/06/2024 ? | |||||
| OD6 (ASX) Chart |
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