Ruthless sell off here, near 52 week low with a market cap now of $49m. Cash was $32m at Dec and they were expecting cashflow from the Iron Valley royalty, so with the expenditure on Carnegie say that nets off, we are looking at EV of $17m.
The market is saying that Buckland is worthless and will never be built and doesn't care for Carnegie atm, so we could drop further towards maybe 8 cents if this gets awful.
A good one to put in the bottom draw I think, management seem strong and have solid backing, just right now its value is being totally broken, wow.
Ruthless sell off here, near 52 week low with a market cap now...
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $648.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $97.06K | 437.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 51927 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 4724 | 3 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |