A massive shortfall was predictable of course. The SP has been held down and anybody that doesn't believe in the prospects of the ground held would not cough up dough just because of the superficial SP numbers.
I speculate on IVR because of the prospective ground of the southern gawler craton. I'm not impressed one little bit with management. JA was totally unimpressive in his recent interview (on BRR IIRC?). The Hindmarsh saga appears on the surface to be a 'mega' stuff up. Why the heck they need to have 2 corporate offices is a joke IMHO. Is it because JA lives in Brisbane? What corporate benefit does it hold considering all the action is in S.A.?
Yep, I have concerns, but I took my rights offer because I wanted the options. The SP has a history of flying and I'm punting it will again.
Cheers
shortfall not good., page-7
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Last
4.6¢ |
Change
-0.001(1.09%) |
Mkt cap ! $72.06M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.6¢ | $26.34K | 573.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 866638 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 316465 | 7 |
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| Last trade - 15.43pm 02/07/2024 (20 minute delay) ? |
| IVR (ASX) Chart |