Sorry, but shells don't have pre-existing assets, potentially 50-year plus duration, invested well over $200m to achieve. When the market fails to take longer term intrinsic value into account, and trades purely on momentum, it paves the way for trade buyers to pounce. Be sure, a large multinational would love to get their hands on this, a potential tier 1 critical minerals asset for multiples of the current value. It was only 18 months ago that Mr Market ran this up over $3.40. Worth only 51.5c? I don't think so
General data, page-963
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Last
33.0¢ |
Change
0.010(3.13%) |
Mkt cap ! $29.77M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.5¢ | $72.84K | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9387 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 3073 | 1 |
View Market Depth
| Last trade - 15.52pm 28/06/2024 (20 minute delay) ? |
| SRL (ASX) Chart |