look that’s fair and there is plenty of valid room here to take a contrary view based on recent performance.
my comments of cash backed are less to imply there is no risk here but more relative to some of the toilet mining shells we are rapidly becoming market cap comparisons to
surely rationale investors here could have more confidence than the coin flip on drilling a duster? my hypothesis is simple and I stand by it.
1) There is nothing here to excite your average ASX micro cap investor
2) this does not meet the criteria for funds
3) anyone interested has bought already
hence zero buying demand = falling shareprice
I am not wrong though. This will multibag. i am happy to tag this post in 12 months. Let’s see
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.023M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $5.53K | 49.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10777 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 227 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10777 | 0.105 |
2 | 29703 | 0.100 |
1 | 4946 | 0.091 |
1 | 6000 | 0.090 |
1 | 11247 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 227 | 1 |
0.120 | 1000 | 1 |
0.130 | 30849 | 1 |
0.135 | 42906 | 1 |
0.160 | 51189 | 2 |
Last trade - 11.14am 28/05/2024 (20 minute delay) ? |
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