The reason for the current SP is because the market is still waiting for NMDC approval.
They have had a couple of Board meetings but no approval.
The mid march meeting will be the final decider - RCA frozen now there is no excuse.
Mr Market is still cautious.
End of March Financial Closure.
Cheers
M.oz
PS It has been a rigorous process but we have to remember we are not dealing with a private companies but 2 massive government PSU's in India - 1 is one of India's largest lignite miner and the other India's largest Iron ore producer. This is the perfect fit to take Coldry and Matmor technologies to Industrialisation.
The reason for the current SP is because the market is still...
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Change
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Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.077K | 538.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 285269 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 15109396 | 25 |
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| Last trade - 10.02am 04/12/2024 (20 minute delay) ? |
| ECT (ASX) Chart |
