Clearly market maker and technical analyst in control, It's all about charting, automation, algo-trading, etc. to fit a trend. one or two pips down, gap to be filled, resistance, support ,and so on.
Fundamentally massive drilling is happening ATM, which supposed to be the busiest cycle for SPQ to compile data and report their finding back to the market.
It has been reported that they found copper based on visualisation from the early shallow holes, what about the others? what about the grades?
Is it going to about the grades or the size and volume of copper?
I hope to get some update soon, big gaps between project updates doesn't help the steady recovery.
It is all what the market maker think and where they want to take the SP to the next level.
SPQ chart, page-2480
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $24.01M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $14.48K | 1.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 672546 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3704700 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SPQ (ASX) Chart |