Yes, certainly a few maybe on the sidelines may be waiting for the resources/reserves report at the end of the month or thereabouts.
My guess is it may not be enough to give the SP boost alot are hoping for/riding on.
Someone mentioned risk on/risk off? I believe its risk off whilst the interest rate/inflation issues get sorted before climbing up again the wall of worry in line with economic growth.
As for MAY, I believe the boost the SP needs won't come from the day traders we saw 3 months ago, but from the instos once they see steady state production from any of the 3 or 4 intervals they've encountered. Amongst the bloodbath we've seen on the bourses, the oil price remains steady at $116, and Russia shows no sign of abating, a confidence boost for me to remain long MAY for a longer game.
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Last
4.3¢ |
Change
-0.002(4.44%) |
Mkt cap ! $144.9M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.2¢ | $176.8K | 4.017M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1371566 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 164997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1371566 | 0.042 |
7 | 685003 | 0.041 |
8 | 1189501 | 0.040 |
13 | 1477793 | 0.039 |
7 | 3876665 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 164997 | 1 |
0.044 | 250000 | 2 |
0.045 | 424071 | 4 |
0.046 | 941966 | 4 |
0.047 | 496555 | 5 |
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