I would suggest that a strategic, come with an buying on market obligation to prop the price, which restores market confidence, removes the fear trade.
CE has stated that we dont want to give away too much too early. But we also dont want to be drowned in the sector sentiment either.
As we are the ones holding the unique position to bridge that finance river, with Renard. (eg. 200m not 1b) And a low risk approvals runway. It is time for the company to leverage that. And think outside the box in terms of being a market maker, not a market taker at the hands of the depressed sector sheep trade.
I suggest, A strategic who we do not rely on to inject funds into the company to finance, rather to prop the sp at say $2.00-$2.20 range bound, and with the confidence of that pricing mechanism in place, we can raise funds at the floor of $2.00, as to move ahead into higher valuations fully financed to develop.
They want the security of our supply ? Well we the shareholders in return want a fair on market valuation, with a prop and maintain requirement from them. Market confidence will do the rest above that base.
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M |
Open | High | Low | Value | Volume |
60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17212 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13212 | 0.575 |
4 | 76622 | 0.570 |
2 | 12550 | 0.560 |
4 | 32890 | 0.555 |
2 | 20003 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 20000 | 1 |
0.620 | 19320 | 3 |
0.625 | 20000 | 2 |
0.630 | 23000 | 1 |
0.635 | 2875 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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