The pessimist in me says we were hosed the moment it dropped below that disaster raising price at 0.8c.
Just about anyone who comes in now could probably just take over the company. Hope we dont see "mates" picking up the tenements on the cheap, or an existing big holder taking the bulk of the company with the intention to offload the tenements to get their cash back or take it private.
Chinese would be the ultimate kiss of death atm, and they do tend to go for the distressed companies (easy takeovers)
Anyway live and learn :-)
Although wouldn't want to be an unemployed speccie director atm, there is buckleys of getting a good gig out there. Lots of purged dead wood floating about - REY directors gone, AIV, UXA and quite a few others.
So maybe we might see something positive for a change.
Ann: Trading Halt , page-5
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Last
$1.08 |
Change
0.015(1.41%) |
Mkt cap ! $2.588B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.07 | $21.52M | 19.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101100 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 18723 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |