This happens over and over again in resource companies as a company moves through the cyclical stages from initial hype (up), into an orphan period (down) and then eventually (hopefully) into production (up).
There are always winners and losers in the share market. In my opinion, those who are buying now will be the winners. Those who bought at $1.50 and are now selling are unfortunately on the opposite end of that spectrum.
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 (20min delay)
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Last
$1.45 |
Change
-0.070(4.61%) |
Mkt cap ! $169.4M | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.54 | $1.42 | $227.0K | 154.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 819 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 3020 | 4 |
View Market Depth
| Last trade - 12.48pm 16/07/2025 (20 minute delay) ? |
| SRL (ASX) Chart |