chamonix
You are quite correct in saying that there are no fundamentals in EXM.
Gold stocks are on the nose and sentiment is driving the market at the moment.
I don't even think that technical analysis and all of it's limitations will say when this is a buy or not. It will simply go up from these levels whether it's 0.015 or 0.010 and you don't need to be a technical analyse or genius to work that out.
It is a spec stock no doubt but what is everyone speculating on. EXM has already a 500K JORC worth xxx dollars and cash in the bank, that we already know. It's the size and type of the other bit that everyone is getting themselves excited about.
No need for fundamentals.
No need for TA
Just a need to hope that the people, I say again people who are running the show are honest and know what they're doing.
That's the speculative part of this whole EXM story.
At these levels EXM is certainly worth a go.
Cheers
BW
current value easy money , page-7
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Last
$3.29 |
Change
-0.140(4.08%) |
Mkt cap ! $231.1M | |||
| Open | High | Low | Value | Volume |
| $3.45 | $3.46 | $3.28 | $67.26K | 19.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.46 | 24996 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DSE (ASX) Chart |