In the 2nd quarter report released 10/07 the company says no need for capital raising as it has $1.7bn cash in hand. The company is worth at todays price $1.6bn. Sure its got $500m debt so what.
It is massively oversold I am calling a short squeeze second to none to occur.
The market is ignorant.
Either a take out or a massive corrective rally. The risk is on the upside.
Where there is fear be greedy
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Last
$1.68 |
Change
0.070(4.36%) |
Mkt cap ! $4.860B |
Open | High | Low | Value | Volume |
$1.65 | $1.68 | $1.64 | $32.29M | 19.57M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 204640 | $1.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.68 | 83844 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 32550 | 1.670 |
1 | 20000 | 1.665 |
1 | 19400 | 1.655 |
1 | 613 | 1.630 |
1 | 3000 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 35080 | 5 |
1.685 | 3500 | 1 |
1.700 | 72790 | 8 |
1.720 | 12397 | 3 |
1.730 | 1734 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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