If they do a placement they should really do a consolidation at the same time , as liquidity is screwed when any order results in a 20% jump or fall in share price from .04 to to .05 , and while they are at it , buy back unmarketable parcels of shares and a non commission based buy back on any holdings less than $2000.00 to tighten up the registry .
Crown prince (MOB) has a resource of 55K oz at , say $150 an oz that would be worth $7M , and how long is a piece of string for what this recent South East Body (SEB) is worth , maybe $5M without a resource statement , and a stab in the dark 30k oz close to surface but with a lot of potential as open at depth , their other prospects maybe $2M, and it would be worth $500K as a shell, $2M in bank so the company is fairly valued at around $17M ?
These tiddler company management , have to work harder than most of the bigger fat cat mining companies as they do not have the human resources or mining software so on that basis I will cut the company some slack for the many mistakes in their ASX releases , as the exploration results at SEB are starting to look good .
- Forums
- ASX - By Stock
- OAU
- Ann: Trading Halt
Ann: Trading Halt, page-26
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAU (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.03M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $559 | 111.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 7814884 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 45741906 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 7814884 | 0.005 |
15 | 12953999 | 0.004 |
5 | 4366667 | 0.003 |
9 | 7995398 | 0.002 |
10 | 49991039 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 45741906 | 28 |
0.007 | 31892552 | 21 |
0.008 | 6922671 | 7 |
0.009 | 2826700 | 6 |
0.010 | 5265826 | 7 |
Last trade - 15.51pm 09/05/2024 (20 minute delay) ? |
|
|||||
Last
0.5¢ |
  |
Change
0.000 ( 9.09 %) |
|||
Open | High | Low | Volume | ||
0.5¢ | 0.5¢ | 0.5¢ | 529067 | ||
Last updated 14.53pm 09/05/2024 ? |
Featured News
OAU (ASX) Chart |