An announcement would certainly serve to close the gap between Shares and Options prices. As mentioned previously, this is the reason for the gap, the lack of news. I would agree that while the silver price has been ordinary of late, this SP uptick is the market expecting that we should be closer to some news of substance. And I hope in this case the market is correct.
I'm cautiously waiting, however, holding firm. It managed 6.7 cents signaling a breakout not long ago. No news into next week and the gap will likely close with SP heading lower in relation to the options. But let's hope for the news. It is well and truly time to see some good detail regarding the drilling assays.
Nice to see some momentum to the upside.
All the very best.
TOWB
An announcement would certainly serve to close the gap between...
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $87.11M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.5¢ | $37.86K | 674.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 482511 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 78359 | 3 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.002 ( 3.51 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.5¢ | 323362 | ||
| Last updated 15.34pm 05/06/2024 ? | |||||
| IVR (ASX) Chart |