AJ
There are (only?) 1.2bil shares not 2.1bil, so the position isn't as bad as you suggest - typo? However it's a fair bit of paper, which has resulted from them spending too much, even in the protracted downturn. I gasp at the amount spent on Admin each quarter; it's too much for a resources explorer in the current market.
I think their admin spending and capital management are THE reasons why the share price has under-performed so badly, despite the good assets, and why we're all losing money on this enigmatic stock.
I'd love to see them bag a big $ sale of the zinc acreage and significantly cut their admin. costs to a level appropriate to the poor commodity prices. Here's a chance for management to prove the sceptics wrong, and show us how switched on they are.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $57.48M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $50.32K | 328.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 476755 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 130418 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6539315 | 0.008 |
15 | 12069642 | 0.007 |
5 | 2958583 | 0.006 |
5 | 3098180 | 0.005 |
3 | 1255003 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1924318 | 1 |
0.010 | 1406625 | 6 |
0.011 | 888479 | 5 |
0.012 | 621646 | 2 |
0.013 | 1000000 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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