Solid action this morning and good to see a slow and steady move rather than massive pump.
Thinking about reasonable price horizons...
$890,000 cash on hand
$6M mc @ 1c
$12M mc @ 2c
$18M mc @ 3c
A quick study of the market right now suggests all of the above are quite possible. Beyond $18M mc, I think you really need to have a project that includes a scoping study or getting towards talk of a JORC resource. Or own a massive tenement that is highly prospective.
On the other hand, any announcement regarding a coal asset purchase would provide additional value to the above MC projections.
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Solid action this morning and good to see a slow and steady move...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $15.89M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $10K | 1.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 4371786 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 9859508 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4371786 | 0.007 |
33 | 11824425 | 0.006 |
15 | 9888040 | 0.005 |
12 | 13600101 | 0.004 |
4 | 4280000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 9859508 | 12 |
0.009 | 2143680 | 4 |
0.010 | 5589325 | 15 |
0.011 | 3827818 | 5 |
0.012 | 6125878 | 4 |
Last trade - 10.08am 29/07/2024 (20 minute delay) ? |
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SRN (ASX) Chart |