The sell off at the cheap end of the mining sector continues. Oct,after an interesting and promising ann recently, has also been sold off. It effectively hit negative equity today whereby it had greater cash than tradeable share value.
This happens especially in a market devoid of real volume.If you are happy with management,the cash position of the company and can see an ability for generation of positive news-you should just sit tight and await the the tide to rise.
Neg equity
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.061M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15574 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.12pm 18/07/2024 (20 minute delay) ? |
| OCT (ASX) Chart |
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