Wishful thinking!!! the share price will turn around before then as the insiders take position.
how much money do they need to get this into production. logic says heaps more dilution ahead.
with the amount of shorters still in play there is still heaps more time to get set.
but as alluded to above if there is already a handshake deal complete with a brown paper bag then this will keep sinking and be privatised.
go and review ags - plant built / public funding. then the profits were privatised.
compass resources is another where the same play happened. I would say the asx is littered with them.
on a positive note if you bought today you bought it at 20% discount to yesterday.
Wishful thinking!!! the share price will turn around before then...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $751.9K | 4.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 519867 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 3104135 | 19 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |