Thanks A,
I agree that many stocks that fall under 1c after coming off significant highs do/may fail, but I expect they are debt ridden/heavily geared and don't have significant asset bases behind them that POS actually has.
Surely if we had to go belly up due to incompetent management, how much is 420+kt of nickel resource alone be worth? Surely 10-20 times more than what our MC would have us think.
Thanks A,I agree that many stocks that fall under 1c after...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $6.57K | 1.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 79 | 37279203 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 16120666 | 30 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |