Now that does make some sense. As you mentioned copper price not improving and also I don't think 29M has any hedging in place so any further drop in copper price will not help.
Ann: Strategic Update, page-17
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Last
36.0¢ |
Change
-0.025(6.49%) |
Mkt cap ! $252.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.0¢ | $414.9K | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13177 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 5876 | 4 |
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| 29M (ASX) Chart |