Looking at the buying activity I think FOMO might be creeping in.
If we go into a trading halt investors need to be prepared to be in suspension for a while to comply with the ASX, I think this could easily be in a similar situation to WFE next month, but the potential upside is worth the punt in my view because I think becoming a Vanadium producer is precisely Brewers intention and he will be fully committed to making it happen. The last update stated negotiations were at an advanced stage and that shareholders would be updated shortly,.... this period has clearly been extended beyond what was anticipated by the board, possibly to organise the required funding perhaps??,..lets hope so!
Brewers relationship with Langford will make selling any Vanadium much easier so we just need to secure one of these assets that apparently meets the boards criteria and work towards a production strategy fast. The Vanadium price and demand with determine the value of this company in a couple of years time, I suspect it will remain strong so the fundamentals are looking solid to me from an investors perspective.
If we get an announcement by Friday I might just finish off my bottle of Hendrick's!
- Forums
- ASX - By Stock
- GLV is the last of JB's babies to shine!
Looking at the buying activity I think FOMO might be creeping...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CND (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.07M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $25.54K | 761.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 550000 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 49000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 550000 | 0.032 |
2 | 2510795 | 0.031 |
4 | 1945934 | 0.030 |
4 | 442226 | 0.029 |
3 | 849999 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 49000 | 1 |
0.035 | 40000 | 1 |
0.036 | 62202 | 2 |
0.038 | 80000 | 1 |
0.040 | 120000 | 3 |
Last trade - 15.54pm 21/06/2024 (20 minute delay) ? |
Featured News
CND (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online