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
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $239.4M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $407.7K | 1.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 63620 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1216771 | 33 |
View Market Depth
| Last trade - 13.38pm 13/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
-0.010 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 24.5¢ | 1062016 | ||
| Last updated 13.53pm 13/05/2024 ? | |||||
| AIS (ASX) Chart |