The market depth looks pretty dismal right now. PVD have publicly stated they intended to diversify the portfolio to reduce risk. They have done that with the Gabon purchase so well done! I forget the exact words but they also stated they would exercise prudent capital management. My guess is if they win this new block they have bid for they will come back rattling the tin in front of shareholders for more money. For those (myself included) who participated in the 70c Cap raising late last year that won't sit well. Payment for Mazagan farm out is going to be late as stated in the quarterly. They already have a Loan against Gabon. Any wonder the SP is tanking albeit in a tough market for the Specs. Who knows the new acquisitions could turn out to be fantastic investments and as a shareholder i'll be the first to congratulate them. Im just questioning the prudency of buying things you don't have the money to pay for. Do we really need another exploration block right now?
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.85M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $9.812K | 1.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 13072176 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 5073083 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.007 |
28 | 13939444 | 0.006 |
22 | 9010780 | 0.005 |
9 | 4820833 | 0.004 |
2 | 3600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1829240 | 3 |
0.007 | 5073083 | 8 |
0.008 | 1630843 | 6 |
0.009 | 3600000 | 6 |
0.010 | 2300000 | 6 |
Last trade - 15.53pm 26/07/2024 (20 minute delay) ? |
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