Based on the info released to date, and in line with several market analysts projections, I would expect the feasibility study to confirm a fully risked project value of +2-3x current market cap. there is plenty of room for upside once the waiting is over and confirmation is received.
the current share price is not an accurate indicator of value, and more a function of illiquid trading and punters moving into other plays whilst there is no sign of the FS.
Based on the info released to date, and in line with several...
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Last
$1.94 |
Change
0.000(0.00%) |
Mkt cap ! $525.2M | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.98 | $1.90 | $1.920M | 992.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 32945 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |