Interesting stock, quite an achievement of management with doing nothing for such a long time.
However they are also valuated this cheap because of doing nothing, which makes it quite a good entry. Worst case scenario is they keep doing nothing, then we slowly will run out of cash.
But if they manage to acquiry a decent project, this one is so overlooked it will surprise the market and big returns can be make. As a contrarian this one is worth my 2 cents.
Cheers
Interesting stock, quite an achievement of management with doing...
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Last
1.5¢ |
Change
-0.002(11.8%) |
Mkt cap ! $10.76M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.4¢ | $211.1K | 13.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 781444 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1112500 | 4 |
View Market Depth
| Last trade - 15.50pm 29/07/2025 (20 minute delay) ? |
| ZEU (ASX) Chart |