This stock is being pushed down. Between both Shorters and day traders (day traders simply amplifying shorts to make some money themselves).
An at 9c that puts us at $900M market cap. Our book value of net assets per the financial accounts end of Sept is 884M.
So we are barely scrapping in a value based on physical and real assets that we hold....
That therefore means we have no consideration at all that these assets will provide future economic benefits. Considering our jurisdiction, our production with little issues atm and the high probability of resource upgrades at NAL and Moblan in the not to distant future.
It is IMO that I am now taking time to top up on this undervalued stock.
Cheers.
North American Lithium - Revisit, page-67
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $381.2K | 11.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 16672213 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 7359997 | 21 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SYA (ASX) Chart |