ELE 0.00% 0.5¢ elmore ltd

wow what a entry level into iorn ore potential, page-32

  1. 491 Posts.
    took a small position today and will wait for Monday's confirmation of direction before topping up.

    Some oustanding stats on today's action:-

    Relative Analysis
    First Listed: 25-02-1998
    Record High: 0.502
    Record Low: 0.014
    Record Volume: 55,371,561
    6-month High: 0.046
    5-day EMA: 0.025
    10-day EMA: 0.025
    15-day EMA: 0.025
    30-day EMA: 0.026
    Avg Volume: 1,465,175

    Snapshot 18-01-2008 17:13
    Last Traded: 17-01-2008
    Last Price: 0.025
    Ticks: 0
    No. of Trades: 117
    Volume: 29,971,242
    Opening Price: 0.025
    High Price: 0.027
    Low Price: 0.023
    Buyers: 0.024 (10,294,824)
    Sellers: 0.025 (8,506,065)

    With nearly 20 x the ADV traded today but the price very conveniently held at 0.025 this smacks of a pending announcement.
    Remember guys, "they" may be able to control the price with caps and props but "they" cannot hide the volume.

    As above, I will top up after confirmation of direction.

    cheers kse3137

    Disclaimer:
    All data reproduced with permission of turbotrader.net.au
 
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