The fundamentals are all great.
Malawi is becoming an exploring and mining destination thanks to government support.
The Guinea bauxite projects will be icing on the cake once they go into production.
It’s just a pity that large Institutions and Fund Managers have not come on board as yet. Once they do we expect a major rerating of the company. In the meantime we suffer at the hands of opportunistic traders whose goal is to extract shares from nervous shareholders and maximise their short term profits. What more can we say?
A lot of patience required in the meantime. A frustrating time for short term and long term holders.
Diggers and Dealers 2023, page-14
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $28.52K | 242.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 461233 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 316675 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LIN (ASX) Chart |