And if there are more weak hands who want to give it away for even less, then imo they are the ones who will be exiting a valuable asset for its scale, and the boxes it ticks for safe jurisdictional supply chains. A stock only drifts lower, while their are those still on the registry who do not play the long game, and value the long prize in many multiples.
The market of retail seagulls, price things in a temporal wave of fear and greed, based on the anticipation of the other guy tomorrow.
The ultimate value is redeemed when a viable asset is brought to the kings table.
Do we have a substantial asset in the making 59-100mt+ suitable for longevity of supply chain ?
Are we in a tier 1, capitalist jurisdiction ?
Do we have a low environmental foot print ?
Are we in a pro green EV country ?
What is the scale of value measured in to a predator ? $B
Vs the scale of that asset in the retail market today.? $M
Do we have the cash to advance the asset MRE ?
Where will money flow rush into, if there is an awakening to a rising nationalist risk in AUS-China. ?
At the moment money flow is just fear of the other retail guy in a weak commodity space. If Aus presents nationalistic risk, money flow will funnel into Canada as a pro mining country, to north american supply chains.
IMO, and without certainty of timing or probability. But a vertical integrator predator will be mindful of choosing the safe bet assets.
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Last
49.5¢ |
Change
0.020(4.21%) |
Mkt cap ! $107.0M |
Open | High | Low | Value | Volume |
48.0¢ | 50.5¢ | 47.5¢ | $191.0K | 392.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8881 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 22061 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8881 | 0.485 |
3 | 39413 | 0.480 |
3 | 25950 | 0.475 |
5 | 126447 | 0.470 |
6 | 51699 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 22061 | 6 |
0.500 | 44600 | 6 |
0.505 | 30257 | 3 |
0.510 | 16636 | 5 |
0.515 | 40990 | 3 |
Last trade - 14.49pm 14/08/2024 (20 minute delay) ? |
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