There's a real cash burn problem on the doorstep. Supports low so if we're drilling 8 rigs, building ida and not turning a profit I really don't see how another raise isn't in the near future. We're not really seeing buyers stacking up to pay a premium given the "recent controversy" and non existent communication from the board to anyone other than the instos.
Ontop of that, an absolute trash market's not exactly where you want to be in our shoes.
There's a real cash burn problem on the doorstep. Supports low...
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $178.3M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.5¢ | $72.64K | 291.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34371 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 10050 | 4 |
View Market Depth
| Last trade - 12.03pm 01/08/2024 (20 minute delay) ? |
| DLI (ASX) Chart |