In my experience placements are done with timing that will reward those who invest. I think it is also wise to maintain their cash buffer as failure to find anything significant in the immediate term would have seen the SP tank back to sub $0.15 imo.
But my gut tells me that although they can't disclose results, the aircore drilling has indeed been somewhat successful....at least sufficient to encourage them and for the directors to be able to say there is good potential at Yarmany.
regards
DF
Ann: Trading Halt, page-9
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $16.61M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $37.28K | 226.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1733 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 61750 | 1 |
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| Last trade - 14.48pm 08/10/2024 (20 minute delay) ? |
| MHK (ASX) Chart |