Escrowed shares need to be counted in the company valuation. Its rubbish to exclude them.
They are not going to disappear.
Hence the true market cap is around $19 million. Good cash balance and good projects so if they were to announce that they are closer to drill ready than it appears i think there would likely be a re-rate.
charts and analysis, page-50
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.976M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.0¢ | $42.33K | 202.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2505 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 250 | 1 |
View Market Depth
| Last trade - 13.13pm 21/05/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
0.000 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 22.0¢ | 20.0¢ | 44603 | ||
| Last updated 13.11pm 21/05/2024 ? | |||||
| I88 (ASX) Chart |