You have proved to us all again that you don't understand the market cap...regardless if the share price is $0.32 or $3.2 (Not $3.02), the only thing that changes is the SOI, not the market cap. Therefore the value of the company (700m) is the same regardless of the share price.
Your argument that they would have "NO PLANT, NO MINE, NO NOTHING.OWNS NO EQUIPMENT" for $3.2 is silly and makes no sense.
Also, you say they have no mine. Have you heard of Siviour? Also the conditional loan from the government?
You have proved to us all again that you don't understand the...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $132.5K | 1.313M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 892440 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1584251 | 40 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
-0.005 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.3¢ | 10.0¢ | 1904494 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| RNU (ASX) Chart |