No doubt the increased resource levels reported this morning have boosted the share price, but until the spot price turns around, this only means that the company has more resources that they still can't sell at a profit. So it increases the potential, but things are still grim. Ii sold my holdings at a massive loss a few weeks ago when I realised that the brief rises were a result of some good news (eg debt refinancing, LH sale, cclosing a loss making mine) and not because the company was in a position to make money on its sales.
No doubt the increased resource levels reported this morning...
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Last
$13.70 |
Change
0.145(1.07%) |
Mkt cap ! $4.086B | |||
| Open | High | Low | Value | Volume |
| $13.86 | $13.90 | $13.63 | $11.16M | 814.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2091 | $13.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.70 | 3684 | 12 |
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| Last trade - 13.43pm 19/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |