I remain sceptical - even with a "good result" (however that is defined), there is a huge amount of stock on issue and they will need to raise further cash (be it at 0.001 or 0.002)....I just cannot see how this is going to work financially. Even with a farm out (which itself remains unlikely imo) this is going to be highly speculative....Better to take a punt on a tech stock in this market. That being said, they may prove me wrong with the next announcement...time will tell.
I remain sceptical - even with a "good result" (however that is...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.38M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.2¢ | $115.3K | 5.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 239881 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 2431859 | 6 |
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| PGY (ASX) Chart |