The largish sell orders at 40c (377000) have been there a few weeks now, it is making the sell-side look more intimidating than it actually is, without this bump, up to 50c could get taken out very quickly on any major news. I expect this 377000 to be pulled if we start approaching 40c.
The future looks very good, nobody should be stressed about the lack of trades, this is now a very tightly held register so close to major offtake and finance news in the weeks ahead - Plus with the ongoing conflict and inflation concerns, and a future positive outlook for silver-lead-zinc prices, the offtake deals are going to be further in our favour.
Once this offtake news hits the market, we are away! The clever investors will be accumulating at these levels IMO, even if they are just small parcels coming their way.
BML Chart, page-129
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $36.17M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $215.6K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 581013 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 115597 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BML (ASX) Chart |