We have seen this a couple of times in Feb and Mar. A 20% swing just with one day. I am not surprise that what happened today.
The stop loss trigger is the reason for such huge price swing. At the end of day, I guess there are a lot of traders kick themselves for using stop in uranium stocks. It happened before, it will happen again.
The bottom line is MTN is still valued at less than half of the lowest standard valuation for advanced explorer.
steffano fedex, page-8
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $6.513M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $34.29K | 11.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 57072983 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7151122 | 14 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |