Good points but keep in mind that the company has hardly any working capital relative to its exploration needs. That means that some large share issues are inevitable. So add $10m to $20m + to the market cap within 12 months. If there is an early discovery that isn't a problem but if not the MC will be higher than companies that have had actual success rather than just good prospects.
Good points but keep in mind that the company has hardly any...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $54.34M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $7.326K | 61.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 158269 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 33636 | 1 |
View Market Depth
| Last trade - 10.29am 08/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.005 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 28120 | ||
| Last updated 10.28am 08/05/2024 ? | |||||
| S2R (ASX) Chart |