I note INR's current market cap at $0.30 is equivalent to the amount invested by SSW ($US490M) for 50% of the project. ie, the share price does not reflect the other 50%, nor the resource in the north basin and nor the effort expended to date (including the effort to get Federal funding) to get within a few months of final permitting.
SSW bought in around $0.67 from memory, around two years ago. A lot of value has been added to the project since then, and it presents a much lower risk now. And it's now trading at $0.30?? That says it's a buy to me.
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $418.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 544 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1495 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 0.190 |
4 | 49851 | 0.180 |
6 | 263210 | 0.175 |
16 | 1133744 | 0.170 |
7 | 566666 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 22446 | 3 |
0.180 | 122149 | 5 |
0.185 | 35810 | 2 |
0.190 | 152810 | 4 |
0.195 | 152339 | 3 |
Last trade - 09.57am 06/06/2024 (20 minute delay) ? |
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Last
17.8¢ |
  |
Change
0.000 ( 1.31 %) |
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Open | High | Low | Volume | ||
17.5¢ | 17.8¢ | 17.5¢ | 192085 | ||
Last updated 10.16am 06/06/2024 ? |
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INR (ASX) Chart |
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