But does it have the momentum or strength to drive through the 0.365 level.
An examination of todays trades show the stock quickly reached the days high after about an hours trading. For next five or so hours it was heavily traded at or slightly below the high ie there was ample supply for the demand leading me to think that tomorrow there will even more selling.
If as you say this is stock of the moment why is the smart money selling ??
What makes this the stock of the moment
AIM has a high grade zinc concentrate ready for mining. Its not a maybe or a promise- its for real.
Zinc is in demand.
Zinc price is sound
AIM gets closer to mining the product by the day.
AIM is drilling now to assess the extent of the resource which already has an extended mine life.
AIM has management is in place.
AIM has appointed an experienced board with proven track record.
AIM also has a joint venture with BHP - copper/uranium/gold. There new MD likes an adventure.
AIM is in a part of the world where investors know that mining opportunies abound.
AIM now has major players investing millions of dollars to get a share of the action.
Then there is us..............good luck to all.
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Last
42.0¢ |
Change
-0.020(4.55%) |
Mkt cap ! $87.70M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 41.0¢ | $47.46K | 113.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36126 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 32174 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36126 | 0.420 |
1 | 2000 | 0.410 |
3 | 27704 | 0.400 |
1 | 5000 | 0.385 |
1 | 15000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 32174 | 2 |
0.445 | 28181 | 2 |
0.450 | 84180 | 4 |
0.455 | 135 | 1 |
0.470 | 6382 | 1 |
Last trade - 15.37pm 16/08/2024 (20 minute delay) ? |
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AIM (ASX) Chart |