What's holding this down mate, other than the tax year selling? Is it money left to explore?
The acquisition looks good - with some very good opportunities to see upside, the ground they already had looks prospective. The surrounding infrastructure looks good. The board are serious mining players.
Looking at it, they did just raise the money required to cover the acquisition. At a guess they will have around $1.7mill left in the kitty? So they will need some more cash, probably by the end of the year?
What's holding this down mate, other than the tax year selling?...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.63M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $6.601K | 514.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2929908 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 96250 | 1 |
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| Last trade - 13.00pm 17/09/2024 (20 minute delay) ? |
| SHN (ASX) Chart |