Suvo might be a few steps in-front of some of the other players and have an advantage with some land being privately held, but they don't yet have a mining license which is a big hurdle to get over, then they are going to need port access, which is difficult for everyone.
They also have 10x the shares on issue as IND and only a minority holding in top 20. Above all else, IND is tightly held with strong support in the top 20 who I don't believe are going to be sellers anytime soon. So once they start exporting and generating cashflow, people are going to have to pay up if they want a slice of the pie.
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Suvo might be a few steps in-front of some of the other players...
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22.0¢ |
Change
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Mkt cap ! $15.12M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23761 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1 | 23761 | 0.210 |
1 | 25000 | 0.195 |
1 | 5210 | 0.190 |
1 | 30000 | 0.185 |
2 | 125182 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 24205 | 1 |
0.240 | 4606 | 1 |
0.250 | 7700 | 2 |
0.300 | 50389 | 2 |
0.000 | 0 | 0 |
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