Imo, the price isn't nearly high enough to get a hit to the downside upon funding announcement. I'd still expect double from here on an awful deal. Remember there will be fully funded exploration on other projects that are also in play. Not just a ~$270m npv graphite play with expansion potential.
Ann: Update on Funding Activities & Graphite Market Conditions, page-54
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Last
12.5¢ |
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Mkt cap ! $80.55M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $45.90K | 380.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 419071 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 390166 | 7 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 90200 | ||
| Last updated 13.23pm 01/05/2024 ? | |||||
| WKT (ASX) Chart |