Endless, if you are saying that no investment company would touch a miner with a market cap of $150m and a jorc of 840k ounces (using your figures) then I think you are mistaken. Change the jorc to 140k ounces and you are spot on. Based on this analogy I think there should be concerns that as money accumulates, it will not be used effectively.
Endless, if you are saying that no investment company would...
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Last
$2.20 |
Change
0.025(1.15%) |
Mkt cap ! $2.514B | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.20 | $2.15 | $2.412M | 1.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 51205 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 114017 | 32 |
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| Last trade - 13.57pm 18/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |