SP doesn't mean anything.. only shows what investors value the company at. Many of whom are easily manipulated by the larger industry investors.
The company will still have upwards of $50m in cash by the end of this quarter and tonnes of sought after product. Imo it can easily obtain a loan if needed and won't need to raise capital at the current SP.
Time will tell.
Production risk, page-9
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22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 21.8¢ | $592.6K | 2.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40540 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 132427 | 6 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
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