I hope you don't have to pay over 10 cents to reenter. Let's think about the timing.
Tomorrow should see a placement at 9 cents hit the market and current share price is 8.5 cents. This creates an arbitrage opportunity for the lucky few.
Hartley's have barely sold when the SP dipped below 9 cents and may have soaked a lot of volume from nervous nellies.
I am sure management will want to see the SP above 9 cents following the placement. Expect some juicy news. Management only need to release extensions to existing finds and the SP is well north of 10 cents. Add a few more diamond drilling rigs (1 at BP33 and 2 at Grants) and this will set the share price north.
Future drilling programs are imminent. I suspect 0.5 cents will be closed on the open with plenty of upside. Let's bring on tomorrow.
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3715512 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 87000 | 0.110 |
26 | 2897896 | 0.105 |
74 | 4414169 | 0.100 |
5 | 224070 | 0.099 |
6 | 310408 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 3078907 | 44 |
0.120 | 1236677 | 30 |
0.125 | 764486 | 15 |
0.130 | 783906 | 18 |
0.135 | 942802 | 15 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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CXO (ASX) Chart |