The share price is starting to look cheap even though they're struggling to generate any positive cashflow from operations to finance growth aspirations. I suppose it depends whether you're in the camp that's expecting a capital raising during November(maybe Placement $35mil & SPP $15mil) to finance their expansion plans around Barbara, Golden Plateau, Constellation and/or Stockman which will dilute current holdings and result in more upfront share price weakness.
The share price is starting to look cheap even though they're...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $222.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.3¢ | $480.8K | 2.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 125049 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |