Should be thankful for the volatility if you believe in the company. Allows for topping up opportunities. I will be using any retrace as an opportunity to buy more. A supportive target of 40c. If it breaks through there then the next level of support is 28c. The cheaper it gets the more shares you can nab before phosphate really takes centre stage.
Jaxon is right. All the gas bagging about daily movements is irrelevant in the overall scheme of things. Had you identified the story when others were still twiddling their thumbs you be sitting on a 150% gain on todays close ... not bad when you consider the pounding the general market has taken.
Director selling was a very unsupportive signal and these sorts of behaviours are noted by larger holders. But the prospects of advanced phosphates plays are what they are because they exist in almost complete isolation of competition. Anybody name any other JORC compliant deposits listed on the ASX or TSX. You might one or two more ...
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Mkt cap ! $11.74M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $4.891K | 978.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7284260 | 0.5¢ |
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Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8324063 | 12 |
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No. | Vol. | Price($) |
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5 | 7284260 | 0.005 |
13 | 7984631 | 0.004 |
11 | 6273337 | 0.003 |
8 | 5435000 | 0.002 |
4 | 7399950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7524063 | 11 |
0.007 | 6187807 | 9 |
0.008 | 7188125 | 9 |
0.009 | 386000 | 2 |
0.010 | 1321252 | 4 |
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