mate, AW1 are going to have to produce the motherlode if the reaction to the August ann is any guide... note the ann headline was 'Major Copper Discovery' and the share price dropped from 37.5 cents, it lost 2/3rds of it's value! If a Major Copper Discovery can't do it then I doubt infil drilling will... the maket is expecting a doublng of resources and the market will probably get excited when that happens but it will then find its level as it has previously.
Even Tom Ullrich said the market got ahead of itself.
You're okay with calculations about AW1's share price based on flawed calculatiuons?
The MD has also stated that it's about setting up for 2025
AW1 General Chat, page-2297
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Mkt cap ! $69.88M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.8¢ | $148.5K | 1.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143996 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 262140 | 6 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 719186 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| AW1 (ASX) Chart |