My take on it is that there is a lot of buyers waiting offscreen for any loose stock as this is the transition period from stale holders to new . With more healthy assays 2-3c is still cheap IMO capping the company between 20-30mill considering gold insitu @Pennywest alone could be valued many multiples of this. Another positive is All of this is based in good old OZ mitigating sovereign risk .
The leverage here for holders is huge when looking at the big picture and once a sizeable resource is sured up, a trip to Hong Kong would have the funds over there salivating .
My take on it is that there is a lot of buyers waiting offscreen...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $16.23K | 1.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 10253909 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2705842 | 9 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SPX (ASX) Chart |
