What I keep hearing is increase in capex from last years updated PFS. Seems this inflationary increase has upset some people, even though the operational mine has fundamental differences which offset some of this cost.
At the end of the day this is just a successful tree shake, nothing else. Remember 30mil shares were bought today, by someone believing this is a good base and that the future brings profit from these levels.
Additionally I believe stop losses were hit today that will likely be re bought in the next few days of trading. Always shitty seeing something you have a connection with take a hit, but this is for the best. SP will be stronger from here out.
Cheers!
ASX Today, page-12565
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Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $1.940B | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 84.0¢ | 80.0¢ | $8.438M | 10.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 93085 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 52300 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |