Thing is Jard there is 62.5 million shares on offer and to buy these on market would push the price probably to around 6 cents. I've fully subscribed under my SMSF and personal account. The fair valuation on this share IMO at the moment is around 5 - 7 cents hence why I have no problem taking up the offer. Also as I pointed out previously the majority of the money is to take our Share Holding at Plomasas to 90% therefore increasing value and income and subsequently SP. The market will re rate this over the next week or two and those left snoozing will miss the large gains on offer.
Zinc on an upward trend
AU $ weak
New interest in ZINC due to zinc battery technoology
Large news-flow monthly with production updates
Marwood heavily incentivised when MC reaches $200 million (circa 20 cents per share) by 2021
A lot of boxes being ticked with any upward price in Zinc adding straight to the bottom line
Extremely undervalued.....
GLTAH
Cheers Rb
General Discussion Thread, page-6
-
- There are more pages in this discussion • 128 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add YAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.447M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3843499 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1682466 | 7 |
View Market Depth
| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| YAR (ASX) Chart |
Day chart unavailable