A 5.3 close today looks easily achievable ATM.
If our market manages an afternoon rally then I could see ABU possibly close at 5.4.
Either way, there is some decent buying coming in this morning and it currently appears to be building a base above 5c. Hopefully the buying is institutional. It's hard to imagine small players taking the lead in this type of market.
If it holds this base until markets and/or gold turn back up, then we should see a move towards 6c again.
chart, page-46
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $846 | 423.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 74523422 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 4181933 | 2 |
View Market Depth
| Last trade - 15.58pm 27/09/2024 (20 minute delay) ? |
| PRX (ASX) Chart |