Not sure why there’s quite a bit of negativity here. The company has said the halt is in relation to positive news. The most likely news would be that they’ve been running on target flows for some period. Next would be that they’ve both done that and some news about resource upgrade timing. There would be other possible positive news from the companies perspective but one would think that if the flows aren’t good then it wouldn’t really be positive news that they are doing something positive to deal with the fact that they still can’t get to target slows. In terms of the price having gone down recently, in light of the company noting positive news in a trading halt, suggests that people just got impatient and scared by lack of news and some delays. Happy to be proved wrong when the announcement comes but this is just my thinking on it.
Not sure why there’s quite a bit of negativity here. The company...
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $8.684M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $1.063K | 247.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 15457745 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15986934 | 12 |
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| Last trade - 15.16pm 23/08/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |