The current market cap of pos is now a mere 24 million.
So is this company only worth the 20 odd million that this rights issue is bringing to the table?
What about all the infrastructure up at windarra and the millions spent so far on drilling to get the largest resource of any nickel sulphide exploration company in australia?
Investors are obviously very sceptical of this company making it through to production.
The current market cap of pos is now a mere 24 million. So is...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $44.42K | 10.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 35438671 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11634354 | 27 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |