Actually Vanzant....the market looks at any and every which way to monetise something. At the moment 88e is on a journey of discovery and in substantiating that discovery. The market sees value in that journey and prices it accordingly. It is pricing potential prize size, geological risk and commercial risk. The market will keep caring about that and keep re-pricing that, based on perceived changes to the three factors mentioned. there are plenty of things over coming weeks and months that have strong potential to positively influence these factors.
If and when the 88e asset becomes a revenue producer, then the market will change what it cares about with respect to Icewine assets.
Actually Vanzant....the market looks at any and every which way...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $59.97K | 28.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 385 | 448921908 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 577454273 | 149 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 88E (ASX) Chart |