with their existing contracts they should be able to buy on the spot market, sell into their contracts and profit nicely with no labour costs.
I think at current prices a similar monetisation of their long term contract towhat they did last year would be seen as quite positive by the market??? $20 mill cash in the till again would now equate to almost half the market cap which seems insane.
with their existing contracts they should be able to buy on the...
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Last
5.7¢ |
Change
0.002(3.64%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.5¢ | $1.879M | 33.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 230880 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 277792 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
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