Not a blast from the past but ....
There's an Aust gold company which recently built a state-of-the-art processing plant. But it may have a few teething problems (yet to be clarified) and they may have underestimated how much working capital was needed to get to full production. The company has already been to markets not so long ago to raise some additional capital and may possibly be about to do so again. Needless to say, the company's share-price isn't currently at levels it used to be.
Does this story evoke any memories for ex RED shareholders?
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Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $2.993B | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $32.15M | 72.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 719453 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 470878 | 16 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| VAU (ASX) Chart |