The shorts are actually closer to 9%, possibly 10% after the shorts doubled down throughout last week.
I do believe it is extremely likely we will be facing a TO situation, which is a bit sad.
The current market cap is pretty irresistible - to be able to control 190,000tpa of Spod with just $1.5b, with an easy path to 300,000tpa, in a company that is already shipping Spod, is fully funded (no debt to take on), is just a dream come through for many of the bigger players.
It might not be the biggest deposit in the world, but it is a handy one to have by your side for cheap.
The shorts are actually closer to 9%, possibly 10% after the...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 11.5¢ | $1.271M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 6581582 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1291003 | 15 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |