thanks Caromb
I agree that waiting for the resource would have given new investors a better understanding of the potential and possibly have led to a higher demand at 20% disc. As it is, I can't see $2.5m lasting very long, and not really enough for a decent drill program + corporate costs. After chewing through their $10m IPO cash in quick order, their strategy in the last 12mths has been small and multiple raises which doesn't give them the firepower to execute their exploration plans.
thanks CarombI agree that waiting for the resource would have...
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 5.0¢ | $19.21K | 380.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 146131 | 2 |
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| Last trade - 14.15pm 12/06/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
-0.002 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.0¢ | 5.0¢ | 6500 | ||
| Last updated 12.33pm 12/06/2024 ? | |||||
| FXG (ASX) Chart |