That video sounds like they are planning to cash in on Lochinvar (obvious) but also to build value in the Gold asset in New Zealand. It is after all what the new team knows a fair bit about by all counts. Maybe some interest in that area could get things going?
It would seem that we need these investors from the last CR and this one (same people no doubt) to also leave a little powder dry to push the price up and away from these levels... and I'm guessing that once they have the amount they were seeking, that is exactly what they will do.
Remember those running the CR are the same mob as last time. And last time the "new investors" told us that they are able to provide more funding if need be... ie. the share price wont be let go until they HAVE received the number of shares they were after?
And maybe that time has come? There sure has been some decent volumes at 0.6c today. The wall has been obvious to hold us here imo. For some time too.
So what we have is something happening around Lochinvar to build interest. Something happening around Otago to build interest and obvious things happening with Redmoor to build interest.
Sure, management hasn't come out and shouted it all from the rooftop yet, but that imo could just be because some are still getting set in their positions.
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $9.346K | 1.703M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 12594765 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 14636448 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |