CAY 1.43% 7.1¢ canyon resources limited

100% agreed. I was fortunate enough to enter at 12c about a...

  1. 36 Posts.
    lightbulb Created with Sketch. 13
    100% agreed.
    I was fortunate enough to enter at 12c about a month ago, but even then I was tossing up whether to wait for another drop to 10c or just go in. Thankfully, I made the decision to go in because a few pips is not much when you have a long term outlook and we didn't see 10c again. 40% rise on no news is pretty good if you ask me. Anyone lucky enough to have bought below 10c is insane value, anything up to 20c is good value for this stock. You can see there is very strategic buying going on. The traders keep selling to make their quick bucks and/or offset other losses on the market, sellers keep appearing, the buyers are not stupid to pay a premium when there is no need, these traders must be shaked out first and given where this company is going, I anticipate there will be little selling pressure after next week. Sure, there have been days where not much volume has been traded and it may feel like a stagnation, but make no mistake about it CAY is currently in a strong bullish trend. WIth some news of the PFS, and we could be in liftoff.
 
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Last
7.1¢
Change
0.001(1.43%)
Mkt cap ! $97.58M
Open High Low Value Volume
7.0¢ 7.1¢ 7.0¢ $25.13K 357.3K

Buyers (Bids)

No. Vol. Price($)
1 300000 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 26051 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
7.1¢
  Change
0.001 ( 1.43 %)
Open High Low Volume
7.0¢ 7.1¢ 7.0¢ 61321
Last updated 15.49pm 10/05/2024 ?
CAY (ASX) Chart
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