Look I've said my piece shareholders will decide. Im off sailing 3 months any day now (when friggin Tahitian yacht papers get cleared)
this company has:
1. AUD 6.5 million cash.
2 Potentailly the fifth biggest cobalt reserve in the world (although one whose viability is still not known)
3. And it's capped at AUD 10 mill. That gives it just a 3.5 mill AUD enterprise value.
To me that's very low.
Is that a reflection on the market's view of the management.- or is it just becuase the whole sector is weak right now.?
anyway im picking some up again.
Long Term Holder View, page-41
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Mkt cap ! $24.27M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $17.83K | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4827836 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1262992 | 3 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.1¢ | 1.0¢ | 840844 | ||
| Last updated 15.00pm 29/05/2024 ? | |||||
| CLA (ASX) Chart |