Pete, you'll see consolidation tomorrow with a return to the green side before Friday. This has been a solid slowing of the SP over a huge period of time but still within your Pitchforks. The last down period actually pierced through the lower range of the pitchfork for one day and then rebounded strongly over two days. I suspect a new announcement from MAK regarding the dril rig will be coming out on Friday also.
The recent trading of Legend has certainly buoyed the market but I suspect it had a lot to do with the Indian guarantee for the establishment of the mine. They needed that sort of backing to get the mine up and going. Mind you if MAK gets a wriggle on they could always back out of it!
heads up, page-18
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $17.37K | 1.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110857 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1942510 | 5 |
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| Last trade - 12.00pm 01/10/2024 (20 minute delay) ? |
| AEV (ASX) Chart |