Yes, well of course, if you were brave enough to buy in very early or else smart enough to sell along the way so as to lower your average then congratulations. Buying and selling with the downs and ups is the best way to handle a stock like this.
Since you have exposure to a number of other mining stocks then I am sure that you recognise that an increase in resource may not lead to an increase in SP. At least, I hope you do. Plenty of stocks show that following a resource update the SP declines (TSO is an extreme example of course, because of the hype beforehand),
Ann: Maiden Mineral Resource Estimate sets foundation at El Zorro, page-171
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Last
2.9¢ |
Change
-0.002(6.45%) |
Mkt cap ! $35.65M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 2.9¢ | $117.3K | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 486491 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 196843 | 4 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TSO (ASX) Chart |