EL
By experience I have found that you can become unstuck by camparing M/Caps to provide a guide for future SP's
Lets say EXT reaches 350m MC ... then we look at BMN again & it might now have a 600m MC ... do you go down the same road again?
Comparing MC's, means you are saying all three companies/projects are at the same level now & hence EXT should rise accordingly
The market is saying something else:
1] True, EXT is undervalued & needs to rise .. that is happening
2] EXT needs to "confirm" the value of Ida Dome via the Scoping S. ... then the re-rating can truly proceed.
A future prediction of SP is difficult to make without the SS
But it certainly looks positive for holders
cheers
ELBy experience I have found that you can become unstuck by...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.27M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $693 | 78.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6884635 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 12882234 | 15 |
View Market Depth
| Last trade - 15.46pm 19/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |