”Genuine question”!! Sentiment “none” Disclosure “not held”
oh god what are we coming to?!
OD6 has a mineral resource upgrade in the wings to confirm it’s the largest and highest quality clay hosted RE project in Australia.
It has $2 million in the bank as of this week. It’s market cap is $4.5 million - an enterprise value of $2.5 million.
The company has not detailed a program for 2024 but has outlined its plan loosely.
I’m confused at their cap raise timing but believe, if there’s no surprise advice, to lower the sp the more likely the major shareholders can afford their allocations. Major shareholders with no funds to buy their allocations? What a joke that would be. But a powerful corner stone investor will work wonders for the stock when the updated resource is announced.
GLAH
”Genuine question”!! Sentiment “none” Disclosure “not held”oh...
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4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.147M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 38623 | 1 |
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| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| OD6 (ASX) Chart |
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