To snatch an asset still requires paying for it and JRV is very close to being broke. It is burning through cash at an unsustainable rate. A CR is imminent within 3 months imo. The CR will not involve us, but holders will suffer dilution when institutions get a lot of cheap shares.
https://www.asx.com.au/asxpdf/20180730/pdf/43wvsx1mktrybl.pdf
Looks like JRV has applied for Kabanga, page-2
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $16.10K | 1.466M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 9240506 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 945287 | 5 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |
