what i am struggling with is the valuations from this announcement, which was basically pre announced a few days in a previous announcement. each time the share jumps in the past it usually goes right back to where it began
they dont have a wash facility in place and there is not one financed.
"Completion of works under the CHPP remain subject to the Company arranging acceptable financing. TheCompany expects to be in a position to update the market regarding the outcome of CHPP funding process in the coming weeks."
its like your telling the market you have signed a deal subject to financing. which is saying you have diddly squat really.
imho its not the sort of thing you announce, the ASX prefer you get it all done then announce.
did it really have a value of 4 cents yesterday after it traded and if so, what changed from then till now?
cynically it seems more like a massive pump and dump . its confusing me..
what i am struggling with is the valuations from this...
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0.4¢ |
Change
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Mkt cap ! $52.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 17740135 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2275398 | 2 |
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