Yes - it has been well played, so far. Even to the extent of demanding that holders disprove his rants.
The fault lies with people who respond and encourage him. Are they in on the game too?
Perhaps it was not orchestrated but some saw the possibility to trade their holding price lower.
If so then this rates as the most sophisticated price manipulation I have ever seen - but of course it can't work once the constant assays from the four/five? drills come on line.
AW1 SP fell from its Aug Sept average highs of ~ 30c to current average range of ~ 15c (rough approximate 50% fall)
And we all know that the wild fires necessitated the evacuation of the site early for fear of cutting off access in an emergency. That sliced a month off the drilling program. Caused reduction of MRE expected of 50mt to 17mt. by excluding infill drilling.
If you are new here I urge you to consider carefully what you read here - seek other news and opinion.
Cheers. Play the great game, and try to play it well.
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $67.29M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.0¢ | $79.07K | 584.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1403814 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 645445 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 595314 | 0.130 |
5 | 360000 | 0.125 |
3 | 1034666 | 0.120 |
6 | 913261 | 0.115 |
8 | 1622728 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 645445 | 5 |
0.145 | 402075 | 9 |
0.150 | 701298 | 11 |
0.155 | 229000 | 4 |
0.160 | 371666 | 5 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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AW1 (ASX) Chart |