I’m trying to work out what’s missing here. What’s holding it back at $160ish million MC?
Is it location, is it follow up drill results awaiting? Is it the ownership structure? Ie. The 153mill restricted shares under wraps in various holding companies. Is it the large salary of Management?
The deposit type? With these grades it seems way undervalued?
Or are current holders just lucky because it’s still early stage on the exploration curve?
Market cap way off, page-11
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Last
$2.60 |
Change
-0.120(4.41%) |
Mkt cap ! $242.8M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.72 | $2.60 | $154.5K | 58.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 755 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 289 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BRE (ASX) Chart |