Nobody really understands why the share price is what it is.
On one side, we have the optimist, saying it's the perfect time to buy (but based on share movement, it appears that these are far / few or simply hypocrites).
On the other side are the 'realists' saying that there are simply too many risks at play (technology, financing, returns, etc)
I am in between, realistically i acknowledge that there are technological risks, financing risks are limited in my opinion because the commodity is in demand. It's a question of interest rates.
I have yet to really sit down and examine what the other types of comparable returns are accepted by the market but one thing's for sure. It's real painful to watch the SP at where it is today.
Sunrise...Financing the Mine, page-154
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13000 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1300 | 1 |
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| Last trade - 10.08am 08/10/2024 (20 minute delay) ? |
| SRL (ASX) Chart |
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