This company is one to watch. Ruane has a shareholding but he does not manage it which could be a good thing as he has enough on his plate with RWD and IRC. The recent tests indicate a two product company close to infrastructure ( power, water , rail) and more importantly a ready market. Life of mine is likely to be increased when e ready but for the moment the focus is in the right place with product development. If current management get this right then steady cashflows would be company maker.
This is a tidy project with none of the issues that Lake Dissapointment had. With only 60m shares in issue and capped at less than $5m the potential cashflows alone are worth the speculation.
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Last
1.1¢ |
Change
-0.005(31.3%) |
Mkt cap ! $1.293M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.1¢ | $3.267K | 262.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 29967 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.6¢ | 272943 | 1 |
View Market Depth
No. | Vol. | Price($) |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.190 | 544 | 1 |
0.200 | 602528 | 4 |
0.265 | 18867 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.47pm 27/11/2024 (20 minute delay) ? |
AIV (ASX) Chart |