We are dreaming if anything is brewing here, the price would already be on the run if they had found some new equity partner or someone to fund any drilling/anywhere.
The share price (and total silence) is suggesting their strategy is to ride out the downturn by conserving cash , with liklehood high that they will dump another 60 milion shares on the mkt (10% of issued capital) on the slighest uptick in the share price.
I think that is the reality. But we live in hope that all last years JV's drilling have led to something not the total donut the shareprice is implying (of course low shareprice is also reflecting the reduction in management premium due to the HPX obscenity/debacle)..
GL
We are dreaming if anything is brewing here, the price would...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.10M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $7.345K | 565.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 948032 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1761131 | 2 |
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| Last trade - 09.59am 04/12/2024 (20 minute delay) ? |
| AON (ASX) Chart |
