I've watched this company from afar but never bought due to the high market cap.I am surprised the company is still valued at $500m, with only $30m in the bank.
This is, of course a pre-money valuation as a cap raise is required to develop SNE, if it even happens, and a cap raise soon to get to that raising.
Add to that time-based discounting of the SNE valuation and this is very expensive.
That was a large fall considering the Samo well was a long-term development. Goes to show that too much value was placed on the prospect and success or fail the SP was too high in the first place.
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $36.96M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 40.0¢ | $464.8K | 1.155M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 119733 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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41.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 119733 | 0.400 |
1 | 50632 | 0.395 |
1 | 100000 | 0.390 |
4 | 58133 | 0.380 |
2 | 9198 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 153000 | 3 |
0.425 | 27500 | 1 |
0.430 | 263902 | 6 |
0.435 | 22300 | 2 |
0.440 | 47323 | 3 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
40.0¢ |
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Change
-0.005 ( 1.23 %) |
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Open | High | Low | Volume | ||
40.0¢ | 40.5¢ | 40.0¢ | 68198 | ||
Last updated 14.47pm 28/03/2024 ? |
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