Hi Sada my reply
You have to have an open mind when you look at these things about the market -is that there are that many different strategies done by the players that alot don't even realise what is about to happen very soon
Remember traders that make up a % of trades only worry about making a few % here and there and they're on the way
The posts on umc have been phemoninal there are that many assumptions on t/o price and which company will most likely be, a full t/o more than likely from either
bhp,rio,fmg or crm(chinese)and the amount of reasons for everything related why they want it is there
But our company has the largest stake and it could mean it will benefit greatly from this
The offers for urm are percieved at $1.35-$3 range
So for thx with 13.2m shares that means
$1.35-$17.8m
$3.00-$39.6m
somewhere in there it is estimated
That is really irrelevant because it will mean more than enough money for thx to do the rest of its drilling without having to dillute further shareholder valve
which is what most jnr companies do to keep ball rolling but in the process most times the current holders get
jibbed because placement always happens at discount to current sp to encourage investment but usually the price retraces due to this
We will not have to go through that jargon because the market cap of this company and spare cash will see it in the comfort zone for a while until they turn into next ext haha
But on top of this we are about to see some of the best results this land has ever seen before watch what happens on the back of the umc t/o
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $35.70M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $24.44K | 4.867M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 21331144 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 29836058 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 21331144 | 0.005 |
15 | 12398647 | 0.004 |
5 | 2362355 | 0.003 |
8 | 9070398 | 0.002 |
11 | 48792037 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 29236058 | 29 |
0.007 | 28936348 | 17 |
0.008 | 13186005 | 10 |
0.009 | 14256700 | 4 |
0.010 | 6333474 | 10 |
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