I and everyone that reads industry news knew about the increased Royalty payments on the 9th of this month, and in my opinion the share price decreased from 35c to 30c over the next few trading days because of this.
As the experts say "The markets are always forward looking"
Unfortunately not me nor anyone else knew the excessive royalties these brain dead politicians were planning.
& Unfortunately there are plenty of them on all sides of politics.
The company will forge ahead with their plan and I feel confident the share price will get back to 35c in the near term.
Royalty, page-73
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Last
6.8¢ |
Change
-0.006(7.53%) |
Mkt cap ! $189.1M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.5¢ | 6.4¢ | $386.7K | 5.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 456573 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 22896 | 18 |
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| Last trade - 14.38pm 16/05/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
-0.006 ( 7.15 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.3¢ | 6.4¢ | 874913 | ||
| Last updated 14.45pm 16/05/2024 ? | |||||
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