I'm here because I have taken the risk off the table and am free carry.
Eyes wide open though.. a 8% starter pit is a world of difference to a ~1.5-2% bulk tons deposit.
Trolling this forum for confirmation bias if you like but we all don't need to agree.
I didn't say they couldn't do it but the reason funds and institutions likely haven't jumped on since the last raising is because their is no BFS to under pin it and hence they may not be allowed to pump clients funds into this.
The markets are like a shark pool they can smell you bleeding when you waiting for the next wave of capital and hit you when it hurts.
I'm here because I have taken the risk off the table and am free...
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Mkt cap ! $29.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.029K | 221.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 25822036 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.5¢ | 7611258 | 29 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 131555 | ||
| Last updated 15.06pm 01/05/2024 ? | |||||
| VML (ASX) Chart |