This is serious tin foil hat stuff right here... The market sets the price - if you want to bid up the price to a level you think is reflective of the assets, go ahead. I welcome that. To me it presents a compelling investment opportunity here, hence I've been buying. $2.8m in the bank to 31/12 and you think the directors (acting in the best interest of shareholders) would prefer to operate the company insolvent? I'd say they raised because they had to ahead of a drill campaign to generate value for holders. Retail market is virtually dead for lith plays rights now, so I'm not surprised they went up the food chain.
I feel for long term holders, but keep you're eye on the prize - the assets are decent and time will hopefully cleanse the disconnect in price. It is a serious stretch to say the directors are at fault...
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This is serious tin foil hat stuff right here... The market sets...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
12.5¢ | 13.5¢ | 12.5¢ | $100.8K | 773.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 77278 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.130 |
2 | 119700 | 0.125 |
7 | 91348 | 0.120 |
4 | 73994 | 0.115 |
2 | 19090 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 67278 | 1 |
0.155 | 50000 | 1 |
0.160 | 18750 | 4 |
0.170 | 23333 | 1 |
0.180 | 67682 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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