Market doesn't rate it.......at the moment.
A lot of the same posters on here and the daily buying volume a concern for mine given what the company has. Regardless of theories of keeping price down, the SP is where it is. Very cheap.
Reality is the geographic location comes with extra risk and lenders probably very sceptical. A fair few other projects in Africa still waiting for finance after many years.....so could easily be waiting a lot longer.
Nothing will happen to SP until those dollars are secured, and if this project has the goods with a growing demand for graphite....then should be very soon.
But not so sure....
Daily trading and Chart, page-39
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.25M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 100000 | 1 |
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| Last trade - 16.16pm 28/06/2024 (20 minute delay) ? |
| TON (ASX) Chart |
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