agreed $1 is an airy fairy figure dont know where you pulled it from. At the end of the day investors are investing in the potential for management to extract resources. This company doesnt have must tust left, its already the 3rd capital raising they have done + the ipo. .
I have been in this since day 1 and i myself have to say its frustrating to say the least. The first capital raising was at about $1. 24 months later and its below 10c. . .
In the mean time they have sold off there potash resources in a jv for a song have no money in the bank and dont have any more idea of what sits under underground across there tenements.
Its kinda hard to sell out of the stock when you purchase in at an average price of $0.7 and your investment that was worth $22,000 is now work about $2,000.
I hope for there sake that they are doing something tangible because there are other companies which i would be looking to invest funds
agreed $1 is an airy fairy figure dont know where you pulled it...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $4.626M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $103.8K | 18.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7848999 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 600000 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RDS (ASX) Chart |