Enter trading halt at $0.63.
Re-instatement after lengthy voluntary suspension with announcement of:
- seemingly high quality lithium acquisition... The stuff is visible in historical open cut mine walls... Initial exploration funded and to commence immediately.
- W.A. gold exploration drilling to resume late Q2/early Q3 ie imminently.
- $2M placement completed at $0.40 a few weeks ago.
That's a broad summary of what they are up to.
My question is, what's going on with the SP approaching the IPO price??? I understand the macro forces at play and the profit taking by the early participants BUT surely the SP is well undervalued right now??
Good luck all.
IRIS General Discussion, page-6
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $45.98M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 34.5¢ | $24.60K | 70.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.42pm 01/05/2024 (20 minute delay) ? |
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Last
35.5¢ |
Change
-0.005 ( 3.47 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 35.5¢ | 34.5¢ | 15513 | ||
| Last updated 15.44pm 01/05/2024 ? | |||||
| IR1 (ASX) Chart |