SHP 9.09% 1.0¢ south harz potash ltd

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  1. 53 Posts.
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    In regards to the current SP it appears that there is reasonable current support around the 16 – 17 cent level which is good, but today this was on low volume and as such you would have to assume that this is because Delphi are currently not selling. One does not know why but could be because they are waiting for it to rise a bit before resuming the dumping of their shares.

    This would not surprise me as the update on Friday was excellent news and the minor movement up in the SP was a surprise to me as this confirmation should have moved it significantly more than it did.

    So my assumption would be that Delphi will hold off for a few days or perhaps a week waiting for the SP to move above 20 cents then start the selling again but perhaps not so heavily, as why would you sell for 15 to 16 cents when you should easily get above 20 cents per share, now that there are confirmatory drilling results.

    Having said that I believe this is currently one of the best buys on the market as there are so many positive fundamental aspects to the stock.

 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $9.441M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $16.17K 1.480M

Buyers (Bids)

No. Vol. Price($)
6 1812599 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 944212 1
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Last trade - 12.54pm 04/11/2024 (20 minute delay) ?
SHP (ASX) Chart
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