You could say its stopped trending down, and now trading sideways and with support around1.2 cents, but yet to show any signs of an upwards trajectory. My feeling is it will remain in this consolidating phase until there's more positive news (if that occurs) in coming weeks.
The news on Broken Hill tenements is positive, but with geophysical work to continue for some time this may not influence price action for some time.
I'm a little peeved that Doonia information came out as an aside in the same report as part of an update of other projects - to some extent it suggests the company isn't in a position to make a broader statement about the project yet, thus its questionable whether this was worth putting out!
IPT Chart, page-107
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $45.89M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $22.08K | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5283068 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 610000 | 2 |
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| Last trade - 11.30am 09/07/2024 (20 minute delay) ? |
| IPT (ASX) Chart |