With a 1c strike, it’s not a bad hedge if the heads trade a 10 day vwap of +1.8c in the near to med term.. Some churn in that area today too, nearly equal the fpo..
At the moment the drilling has created some fomo.. But I’ve seen this action before..
It’s what’s in the ground that counts...
I saw this coming last week, if I had spare capital I would’ve run the punt..
Si6 Chart, page-797
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Last
0.1¢ |
Change
-0.001(33.3%) |
Mkt cap ! $2.767M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $59 | 59.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 89296877 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 54887792 | 22 |
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| Last trade - 10.41am 12/11/2024 (20 minute delay) ? |
| SI6 (ASX) Chart |