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
27.0¢ |
Change
-0.060(18.2%) |
Mkt cap ! $34.97M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 27.0¢ | $45.61K | 158.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 29847 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
29.5¢ |
Change
-0.060 ( 6.35 %) |
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| Open | High | Low | Volume | ||
| 30.5¢ | 31.0¢ | 28.0¢ | 46746 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| IR1 (ASX) Chart |