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
38.5¢ |
Change
0.060(18.5%) |
Mkt cap ! $44.69M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 40.5¢ | 33.5¢ | $208.1K | 555.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24000 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 4198 | 2 |
View Market Depth
| Last trade - 11.59am 22/05/2024 (20 minute delay) ? |
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Last
38.0¢ |
Change
0.060 ( 16.9 %) |
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| Open | High | Low | Volume | ||
| 34.0¢ | 41.5¢ | 33.5¢ | 91395 | ||
| Last updated 12.47pm 22/05/2024 ? | |||||
| IR1 (ASX) Chart |