"At 20c a share, who thinks it's cheap considering the tenements they will have ?"
The share price is irrelevant to whether the company is cheap.
I have not as yet researched how many shares are on offer and hence it's market capitalisation.
Anyone know offer hand how many shares are on offer?
Ok I was feeling lazy but I checked.
https://www.itechminerals.com.au/prospectus Page 9
So Am I right:
M/C Total num shares: = 86083334 * 20 cents $17,216,666
. 96083334 * 20cents $19,216,666.8
I assume we get a share out of the vendor shares.
First bought into archer when MC was about $11m. How things change. Certainly did last week!!!
I was after graphite and cobalt
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.61M |
Open | High | Low | Value | Volume |
22.5¢ | 24.0¢ | 22.5¢ | $89.25K | 387.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 104441 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 56023 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 104441 | 0.230 |
8 | 182195 | 0.225 |
11 | 234057 | 0.220 |
7 | 58193 | 0.215 |
8 | 164657 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 4141 | 1 |
0.240 | 101099 | 4 |
0.245 | 7000 | 1 |
0.250 | 76000 | 3 |
0.255 | 129000 | 3 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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