You would be in your element over at that company rocket.....El Dorado - Xmas every day with hard core real mgment issues for you.
No comparison here, even with the raise. I still own a few shares .....its a fairly typical call by a new CEO to clean slate, even the remotest possibility of liquidity issues. This can be done - is done, without recourse to the incoming CEO, who commenced in the case of OBM, in Feb. "Not my fault" - but safety first, without any blame to him.
I think the price of gold makes any little company like this - like putting lipstick on a pig.
The market cap is far, far too low and POG / new CEO conservative call verse the risk to success - means I will be at the bid at say 18 cents tomorrow. A bit of a risk, but at that cap of $170m and probably now $35m cash....just weighing up and understanding risk to reward, am happy enough.
I remember SBM at 11 cents and did nothing.....I think they will be fine here.
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $659.4M |
Open | High | Low | Value | Volume |
34.5¢ | 36.0¢ | 34.0¢ | $626.4K | 1.780M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 130000 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 29456 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 130000 | 0.340 |
6 | 227688 | 0.335 |
4 | 236666 | 0.330 |
1 | 9375 | 0.320 |
1 | 17000 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 29456 | 1 |
0.360 | 54613 | 3 |
0.365 | 95785 | 4 |
0.370 | 52610 | 3 |
0.375 | 40500 | 2 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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OBM (ASX) Chart |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
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