What do you see as main downside risks from here? I believe 1.60 - 1.80 is the very bottom from a technical perspective, so what are the fundamental things that could happen to take the value of the company below where it currently is?
I am asking because I see none.
permits are in place and won’t be revoked with the government support this has. Maybe the bus-factor, eg if sth happens to Sam or Friedman is the only thing I see. Other than that just a waiting game to see the value of the company increase when 100% funding is secured and this goes into construction.
Downside risk
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Last
58.0¢ |
Change
-0.015(2.52%) |
Mkt cap ! $52.33M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 64.0¢ | 54.0¢ | $83.84K | 140.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 12000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |