Yeah that is fair.
Around 70c-85c was the next entry point after the first ann. So that would be the buy in for a lot of investors. I really would be patient here holders that wish to buy more imo.
I am going to throw it out there that I will be targeting an entry below $1.
The profit takers, traders, bad macro and a known period of silence is a recipe for the gradual SP decline. I own another great stock that is going through the same process now. Fundamentals unchanged however the lack of news allows traders to grab the stock by the balls because they are less likely to be burnt with a surprise material ann.
Ann: West Arunta Project - High Grade Nb-Ta in Weathered Zone, page-236
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$14.12 |
Change
-1.280(8.31%) |
Mkt cap ! $924.9M | |||
| Open | High | Low | Value | Volume |
| $15.40 | $15.40 | $14.05 | $4.291M | 294.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 151 | $14.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.13 | 323 | 9 |
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