They definitely want the ODs in the money and the only way to do that is to get the heads above 5 cents. They hold a shitload of ODs too and they will provide a massive cash injection. I can't see how they are going to get them in the money given the current SP, iron ore sentiment and where we are currently sitting (DFS and funding are a while off).
Lets see what they have up their sleeves but it needs to be impactful. A fluff announcement now will just lead to less confidence and further selling.
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $27.78K | 164.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99971 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 4431 | 1 |
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| Last trade - 15.40pm 28/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |