I am no expert but in layman's terms, the ann seems to say: "We didn't find anything much, but we advanced our understanding of the tenement". There will be an outsized negative reaction, because people expect every ann will be a 'company-maker'.
The wait continues.
Prediction: price to drift back to 1c, 0.9c, offering optimists a further accumulation opportunity. IMHO
Ann: NSW Projects Exploration Update, page-2
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.05M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.418K | 1.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5631381 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 41754376 | 27 |
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| Last trade - 15.35pm 13/09/2024 (20 minute delay) ? |
| HLX (ASX) Chart |