Sure but when the market-wide momentum is down, logic goes out the window. Prior to the last 2 drilling campaign results the share price at one stage closed at 3.7c. After two very good drilling campaigns the share price is 2c and marketcap is $10mill. Doesn't make sense does it?
Bottom line is in the shorter-term the share price will do what it wants to do, oftn oblivious to the fundamental progress, but over the longer term the market can no longer ignore the potential and the marketcap will rise accordingly. Have to be patient, many aren't.
Ann: Aruma Continues to Expand Slate Dam Gold System, page-6
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $3.997M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $14.26K | 1.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 391000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 300000 | 1 |
View Market Depth
| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| AAJ (ASX) Chart |
