Could it be that this thing only rallied to 13 cents recently,...

Could it be that this thing only rallied to 13 cents recently, because of the Rare Earths squeeze, but more significantly for this individual stock, that a load of lazy reactive investors bought it on the name alone, from a google type of "Australian Rare Earth Companies" or similar?


And the Sep 2024 move similar on the first Chinese rare earth export restrictions? If that sounds far fetched, the SEC had to explain years ago, to a load of people buying a stock code ZOOM that it was a near bankrupt Chinese entity (they should have done a quick cap raise) and not the online digital conference company Zoom, that's stock code was ZM.

Irrespective, gladly a buyer here under the recent $0.068 entitlement issue price of $3.6 million. With over $7 million cash still likely on the books and its forward prospects, this thing is undervalued IMO.