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
9.2¢ |
Change
0.001(1.10%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.2¢ | 9.3¢ | 9.0¢ | $355.6K | 3.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 151480 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 553341 | 18 |
View Market Depth
| Last trade - 11.39am 31/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |