Agreed. If the company can prove up a major deposit then the market cap will reflect it, the company will become like a major. On the other hand if the company can't prove up an economic deposit then no matter how they want to fudge the SP by fudging S.O.I it's NOT going to improve market cap or shareholder value. In fact fudging the SP by consolidation means shareholders kiss their capital goodbye sooner rather than later.
Ann: Trading Halt, page-65
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Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $4.828M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.6¢ | $27.47K | 4.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1520159 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 186209 | 1 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ICG (ASX) Chart |