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16.7%

1.0¢ triton minerals ltd

Technical Analysis Thread, page-57

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lateral5

3,315 Posts.

51

27/05/15

19:50

Post #: 15363314
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Originally posted by wazbee ↑

I would wait for 25 cents in my opinion. Have been correct so far in the TON sp downwards trend. With not much support and much less volume it won't hold due to the fact that there were 10's of millions of shares bought in the 20 to 35 cent range before the first announcement.

The problem is if the people who bought under 30 cents start getting nervous. If that happens you will see 25 cents very quickly in my opinion. The other question I suppose is what happens if you are around these prices when sign off for the money is due? Renegotiation? Will they be happy paying 50 cents which is much greater than 25 cents. If this is the case they will take what ever they are offered because the alternative would be disastrous for the sp.

Maybe the people selling are thinking the same thing.

Also keep an eye on the buy/sell. Looking a bit better at the close but is has been getting up around a 1:4 ratio. When that has happened recently the bigger % drops have occurred.

On the other hand it has been a few days without an announcement and you could get lucky, although they do not seem to be helping much lately.

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Waz, don't you get it yet? TON down, MNS down...simple!

So if TON ends up at 0.25, guess where MNS will be?...yep, around 0.17c I'd say.

TON Price at posting: 32.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 1.0¢		Change -0.002(16.7%)		Mkt cap ! $15.68M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$5.104K	510.3K

Buyers (Bids)

No.	Vol.	Price($)
3	576387	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1205144	3

View Market Depth

No.	Vol.	Price($)
3	576387	0.010
6	1002111	0.009
3	1422863	0.008
4	795619	0.007
5	1216475	0.006

Price($)	Vol.	No.
0.011	1205144	3
0.012	1244607	8
0.013	700000	3
0.014	1299399	2
0.015	482500	3

Last trade - 16.10pm 16/10/2024 (20 minute delay)

TON (ASX) Chart

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