Good question Iroth
I guess, and it is a guess, that this share price will be capped until consolidation. Post consolidation we may be lucky to see 16 cents. when the 15% share placement is renewed there will be a CR at 10% + discount say around 14 cents. Shareholders would be shredded.
Progress towards production announcements such as environmental approval (I wonder if a reply from the Minister on this issue has caused a SP depression of late?????), completion of a positive DFS, metallurgical, markets secured and above all FINANCE may (may not) help improve the SP.
This Board couldn’t market free beer at a rock concert.
What's next?, page-72
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Last
$2.19 |
Change
-0.060(2.67%) |
Mkt cap ! $594.4M | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.29 | $2.17 | $1.364M | 613.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3846 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 4808 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| DVP (ASX) Chart |