I was a fan of this stock from the early days thanks to IR guy Peter Taylor.
I sold out on the 17 March NR. IMHO it was a disaster. Other big holders shared my view. (See chart below.) We did not think at the time that it would provide ammunition to shorters. I think management is to blame for tacking on negative information to what was an otherwise positive NR about a small BOA. Why was there a need to muddy the waters about what might be included in the DFS? I suspect lots of people who have bought post SS & PFS do not know the economics/process for DSO. Management hyped the concrete application, used it as an excuse for delaying the DFS (twice) and then told us it would be part of a separate PFS!
There's nothing to do but wait for: the DFS to clear up misunderstandings etc e.g. what role dose DSO play in early production; news on HPA; concrete; and nanotech.
(I now hold MEP because 50% ownership of Natural Nanotech PL provides additional blue sky.)
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2031381 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 0.016 |
21 | 9428944 | 0.015 |
7 | 1642049 | 0.014 |
5 | 2448080 | 0.013 |
4 | 1541667 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2031381 | 4 |
0.018 | 3422694 | 13 |
0.019 | 3659762 | 9 |
0.020 | 1439444 | 12 |
0.021 | 1280000 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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