Been buying a few this week. Already up a bit but just wonder how much it can run given current mc is $16M @ 10c. Compare to say AXE, who have a similar mc but given their cash backing, have a much lower EV. Yes, LML have io also but until the groundwater issues are addressed, i think the market will attribute the project minimal value.
Anyway, let's see how it goes. Not unreasonable to think 20-30M mc is possible leading into drilling, given the low liquidity, but will need some strong results that reinforce the PB scoping study for a genuine re-rating.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.30M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $917 | 166.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 18909710 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 5385145 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 18909710 | 0.005 |
11 | 10049996 | 0.004 |
3 | 11600000 | 0.003 |
2 | 1700000 | 0.002 |
2 | 3500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 5385145 | 5 |
0.007 | 22964263 | 16 |
0.008 | 11383479 | 10 |
0.009 | 6679761 | 6 |
0.010 | 3109888 | 3 |
Last trade - 10.17am 26/07/2024 (20 minute delay) ? |
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LML (ASX) Chart |