Great points navy and sharetrader about the appropriate risks
Reasons why I am willing to take risks
I think this has 70-80% chance of paying off from 1.2c
What I see is the following
If both permits granted - MC will swell to 30-40 million, that is a payoff of 3-1
If failure occurs - MC will drop to 4-5 million - Risk of 50% of capital
Risk of 50% for 300% on what I deem probability higher than 70%, well if this was the track I would be jamming this pony with every cent
That is my analysis and my own research, it is a punt but everything is in this sector
Please DYOR and this is not advice
Great points navy and sharetrader about the appropriate...
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $59.79K | 3.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5287772 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 777347 | 3 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
