By the way...
. ...The Gap has been filled.
No reason to revisit the high 50’s again (or low sixties even) and we are currently testing resistance/support price at 67c.
As per textbook, after getting their 67c fill the sharks will have established 67 as the support price, graduating it from the resistance price.
THEN we are in new territory in my opinion.
The market is experiencing JV Jealously... where an investor gets a VWAP discount and suddenly the whole market wants one.
Thats what’s going on here. The price has nothing to do with a fair or unfair deal, simply investors getting the price down to the Premium Proce that our partner just paid.
Has everybody got their discount shares now?
Everybody happy and the jealously subsided?
Great. Now back to pulling out that resource that ultimately makes us earn (and worth) Billions more than what we are now.
INR chart thread, page-535
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $507.6K | 3.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 476823 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 64319 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| INR (ASX) Chart |