Very easy to create panic with ASM due to low liquidity. If you guys can't see it then I don't know what to say. Trades of over $100k are taken out in one go. The stock is still under accumulation. It is been brought down, creates panic and then all the shares on offer are taken up in big chunks.
Rinse and repeat. It has been happening all day. Unfortunately many retail investors fall for it. Not much you can do. I'm surprised we haven't seen any paid downrampers in here yet.
The price we pay for being in a pond full of sharks, but the smarter fish will prevail by the end.
The company will announce if and when there is something to announce, good or bad. Let them do their work. I'm sure there are reasons for the delay in the optimization study. They might need to wait for more input to be finalized (ie. partner, offtake agreements, etc...)
Our time will come again, but patience is needed. If daily or even weekly moves worry you, then obviously your exposure is too high and you might need to reduce it.
Just remember, it wasn't that long ago that we've seen this happen in the $4-$6 range. The only difference is that this time is more aggressive.
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Last
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $93.34M |
Open | High | Low | Value | Volume |
51.0¢ | 53.0¢ | 50.5¢ | $142.1K | 276.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2328 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 3500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2328 | 0.515 |
2 | 11200 | 0.505 |
6 | 39460 | 0.500 |
1 | 95871 | 0.495 |
2 | 33000 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 3500 | 1 |
0.550 | 6018 | 1 |
0.555 | 24996 | 1 |
0.560 | 25000 | 1 |
0.565 | 7072 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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