Nothing but very slow sideways accumulation occurring below 10c. Downtrend still remains until 10-11c is engulfed. Typical market behaviour- pumps stock to 25c on chalcopyrite visuals with no assays on a porphyry target, yet remains disinterested on the drilling of an old high grade mine with multiple +50g/t rock chips and promising mine extensions, ie. on a lower risk context than the one at Rose Hill. EV at a level now where PD could probably sell Myall and Parkes to realise a higher value than the EV...
Market will notice soon, perhaps on results. Downside probably 8.5- 9c on dusters, upside likely +100c on the discovery of a nice epithermal deposit
MAG Chart, page-309
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 294 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 80000 | 1 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
| MAG (ASX) Chart |
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