This is a very easy share to manipulate. Can literally sell off $20k and drop the price ~8% at times. Someone who wants to buy up big would be clever to sell it down, rattle the market, then scoop up the cheap shares. It might cost them $20k, but it will make them 100k at the very same time.
Hold strong! Insane resources (ongoing good news), positive cashflow, undiluted shares (just $1b MC on this baby = $4 per share), and a team set on being self-sufficient. Not just another miner with 'good news' then printing tens of millions more shares in the same moment.
Our neighbours Mt Marion (ASX:MIN) went down that path of not printing shares. Instead of billions of shares at 20c each, they made theirs as rare as hens teeth. Have a look at their SP.
Sit tight, macro conditions are improving and we have nothing but good news to enjoy.
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.83M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.8¢ | $485 | 10.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1653 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 69892 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1653 | 0.048 |
1 | 350000 | 0.043 |
2 | 137988 | 0.041 |
6 | 263400 | 0.040 |
2 | 48184 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 69892 | 1 |
0.054 | 16000 | 1 |
0.055 | 42147 | 1 |
0.060 | 20800 | 1 |
0.065 | 251500 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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