yup a big cross @User 17 - done at at 95 cents.
12.5 mill shares have now traded since the lithium deal was announced. thats 19% of the existing float.
i think all the old holders like me who were stuck in from the low 20cent level to 30 cents level the last 2 years and couldn't get out becuase of such low volumes - will have mainly dumped enough (around 20%) to have got their money back and be free rising with 70-80% of our shares still.
So i expect the heavy selling of the last few days should start to lighten up - IMO the sell preassure will fall off and new buyers may have to start paying up.
i also think the market is cautious cos many expect a CR- but once 10 mill oppies convert (which is probably what that cross was about as IMO no one but management have that many?) and then IND has A$3-4 mill cash - that fear will evaporate too.
so we should start creeping a bit higher again ? bring on $1.20-1.50.
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17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $13.85M |
Open | High | Low | Value | Volume |
17.3¢ | 17.5¢ | 17.3¢ | $1.102K | 6.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12746 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 29151 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 12746 | 0.170 |
2 | 12054 | 0.165 |
3 | 16800 | 0.160 |
3 | 72237 | 0.155 |
3 | 170006 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 29151 | 5 |
0.180 | 150000 | 1 |
0.190 | 55140 | 2 |
0.200 | 67821 | 2 |
0.210 | 31597 | 1 |
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