I'm posting about this to help allay any fears. Shorters really have no where to go, at 10% interest, so $1 is our support.
Management just needs to stay on their production and drilling course, and as the funds come in, utilise some towards a buyback. A 1% buyback, or 18.5 million shares, will move the SP at least 15c (even more as some shorts will cover).
Banter and general comments, page-27087
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Last
9.6¢ |
Change
-0.002(1.55%) |
Mkt cap ! $206.2M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.3¢ | 9.4¢ | $1.177M | 12.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2003119 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.6¢ | 142062 | 24 |
View Market Depth
| Last trade - 15.25pm 29/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |