Strong again today - more to come? ?
One may well get the feeling that there is more upside close at hand.
Buyers held off today.
Perhaps hoping to collect from the usual dribble of selling at lower prices.
At the end of the day buyers had to move in and meet the higher prices asked by sellers.
To equal last weeks record closing high.
Predictions are that mining for the last quarter will have produced increasing tonage of ore.
To be announced on Friday?
To result in increasing profits.
To be announced in the following month?
That some exploration results are close to being properly compiled for public release and should be announced soon.
Hopefully at a time when such results - large increase in proven reserves? - will impress the market and push share price higher.
In the past share price has been closely related to past profits.
Would be a pleasing turn of events if a large upgrade in proven resourses inspired the market!
The election to be finalised at the end of the month will hopefully be peaceful and positive.
Markets just hate uncertainty.
Fingers crossed for that one!
Present share price has moved from mid 90's fairly quickly.
Institutions - Insiders pushing price up before the private shareholders are aware of the reasons.
Although with the technical expertise of people on HC - Miningnut, Stone Pony, Flats, etc, etc. we probably have a reasonable grasp of positives to be announced soon.
One might well keep in mind the adage - Buy to rumour, sell with news.
Meaning if institutions and "insiders" are set before the "good news" is announced they may sit back and share price might actually retract.
The gut feeling at the moment is that the present surge in share price is likely to continue.
Not expecting dramatic moves.
Anything over $1.30 in the next few weeks would be impressive.
And closer to $1.50 not too far into next calendar year a reasonable expectation.
Some think price will move higher faster.
Would be greatfully accepted if it were to happen.
Remember - at the end of the day - your guess is as good as anyones.
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advance metals limited
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strong again today more to come.
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $12.45M |
Open | High | Low | Value | Volume |
4.5¢ | 4.8¢ | 4.5¢ | $82.24K | 1.732M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1433 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 49949 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1433 | 0.047 |
1 | 1000 | 0.046 |
2 | 507755 | 0.045 |
1 | 250000 | 0.044 |
2 | 130000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 49949 | 1 |
0.049 | 227273 | 1 |
0.050 | 625000 | 2 |
0.051 | 141540 | 2 |
0.053 | 200000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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AVM (ASX) Chart |