Falcon doing well and looks a cert to be taken out competely at $1. 15 or above. Good luck to all FCN holders. What a different story Polaris is. Polaris has ground 25k NW of Falcon and in a recent announcement stated; 'a strong magnetic body (possible ulframatic) on the projected trend of mineralisation reported by WMC crosses the eastern boundary of Polaris' (100% owned) Lake Jeffries tenement and represents a 10km long exploration target'.
Given all the excitement at Falcon I would have thought a 10k target on strike of the same stuff would cause some reaction at Polaris. Perhaps not quite as full a reaction as Falcon but something. Especially since Polaris only has 23 million shares and other interesting prospects. Nothing. Nothing at all. Polaris cannot even fill all 10 lines of bidders. At last look only seven people in the world want Polaris shares.
Why is this? What am I missing here? I am someone who worries when I even think that I am smarter than the market. There must be an explanation, please enlighten.
Pagarsi
perplexed
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Last
40.0¢ |
Change
0.050(14.3%) |
Mkt cap ! $65.90M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 45.0¢ | 35.0¢ | $178.3K | 450.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14437 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 9762 | 1 |
View Market Depth
| Last trade - 15.58pm 31/05/2024 (20 minute delay) ? |
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Last
41.5¢ |
Change
0.050 ( 18.6 %) |
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| Open | High | Low | Volume | ||
| 36.0¢ | 41.5¢ | 36.0¢ | 29144 | ||
| Last updated 14.59pm 31/05/2024 ? | |||||
| POL (ASX) Chart |