As usual a well thought out and sensible post BT. I would agree with your assessment, and don't see any reason for worrying too much about the recent slip back yesterday and this morning. The volumes aren't high enough to warrant accrediting any leak of "bad news" to the pullback. If it were, we would see a much bigger sell off.
I think that it is merely impatience by some who can't wait for further results and are looking for quicker profits elsewhere, or whatever reason they want their money back. For me, I think the preliminary results are excellent and allow less risk in staying in for the JORC upgrade in the medium term.
Remember, last Friday and this Monday there were some very big buys at 3-3.2c, and the HK investors paid that too. We are in accumulation mode, the impatient will move on, while the patient reap the rewards.
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Last
$3.38 |
Change
0.080(2.42%) |
Mkt cap ! $236.1M |
Open | High | Low | Value | Volume |
$3.30 | $3.38 | $3.30 | $91.07K | 27.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9967 | $3.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.38 | 135 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9967 | 3.310 |
1 | 711 | 3.300 |
1 | 4758 | 3.290 |
1 | 392 | 3.280 |
1 | 1354 | 3.270 |
Price($) | Vol. | No. |
---|---|---|
3.380 | 135 | 1 |
3.390 | 40 | 1 |
3.400 | 3718 | 1 |
3.410 | 5500 | 1 |
3.450 | 1500 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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