25 years and you haven't realised markets are 'forward' looking, hence the term 'speculative'. If we all adopted your 'model' then Sum would be worth $0 because the resource isn't indicated. You play your conservative game, tinker with your black scholes models, wait for the drill results, then enter if you choose, but should there be a decent resource you'll be entering at significantly higher multiples than we are. Don't force your investment approach on others. I for one am quite comfortable paying a premium now on the potential of this project.
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $19.39M |
Open | High | Low | Value | Volume |
21.5¢ | 22.5¢ | 21.5¢ | $21.02K | 93.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53648 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 8747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53648 | 0.215 |
7 | 71673 | 0.210 |
2 | 20000 | 0.205 |
6 | 50950 | 0.200 |
1 | 200000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 8747 | 1 |
0.230 | 29206 | 2 |
0.235 | 35000 | 1 |
0.240 | 19279 | 3 |
0.250 | 33600 | 2 |
Last trade - 11.54am 04/10/2024 (20 minute delay) ? |
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