I think sentiment is starting to swing on EQN.
All those that panicked and thought EQN was going to go sub $3 have sold out... EQN been rising on lowish volumes... which is very very encouraging to me as it shows that sellers have dried up, and if the limited buyers want in they need to buy higher.
Be interesting to see what happens on a higher volume day!
Copper etc up strongly last night... the following article has targets of $5/lb for 2009 and $5.50 for 2010...
At those prices EQN could be above $10!!!
http://www.bloomberg.com/apps/news?pid=20601012&sid=aE4FPeD4qE3U&refer=commodities
handover expected late october, page-3
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $37.05M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.0¢ | $24.33K | 81.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35087 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 19625 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| EQN (ASX) Chart |