Hi shares 2
"thinking of getting back into this one got burnt badly a year or so ago,but i think it may be a good time to re-enter,they have 5m cash at hand and seem to be covering their costs ,anyone got a reason not to buy now at these prices can't go much lower"
Ok, firstly on the face of it they are very cheap.They were very cheap at 15c though, and 10, 5, you get the picture.
I think they offer a great reward for risk taken, however, as Summit (spokesman) himself has said they are extremely high risk and should be part of a balanced portfolio.
Worst scenario is they can't get a deal, Zinc carries on down, they run out of money and go bust.
On the flip side though, they make a good deal, get finance, survive and prosper and in 5 years time they are at a dollar and we are all extremely wealthy.
That's how I see it.
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $92.05M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 47.3¢ | $580.0K | 1.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 155 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 20993 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 155 | 0.485 |
2 | 33083 | 0.480 |
1 | 14000 | 0.460 |
4 | 46700 | 0.450 |
2 | 29000 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 20993 | 3 |
0.495 | 75000 | 1 |
0.500 | 176042 | 3 |
0.505 | 3095 | 1 |
0.510 | 50000 | 2 |
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