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Ann: West Arunta Project - Luni Assay Results, page-76

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w1londongroup

4,754 Posts.

350

11/12/23

11:41

Post #: 71381265
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Originally posted by NineLives: ↑

I would liken the response today to that we saw in the middle of the year when we had some good results and had similar muted responses of the SP. Then as now the share price was technically ( and I stress ONLY technically) still over bought. Then as now the SP was still above the 50 day ema and only once it had come back to the 50 could more good news lift it to the next level. Then we had the likes of 2ic and mustwin spreading doubt as the rocket failed to launch. Likewise now we have a new breed of Johnny come lately naysayers telling us the same thing because the SP did not respond to excellent news. I think in time today’s peak will be viewed as a minor top in a double bottom pattern. But the second bottom will coincide with the rising 50 day ema.

So I think the next news will take us to the next level and this crop of naysayers will disappear only to be replaced by a new crop when the SP hits circa $18.

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I don’t believe there are any naysayers here. I believe there are some realistic people that know that a share price vertical climb like this one will come back down to a respectable level as it normalises

WA1 Price at posting: $8.22 Sentiment: None Disclosure: Held
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(20min delay)
Last $17.35		Change 0.190(1.11%)		Mkt cap ! $1.052B

Open	High	Low	Value	Volume
$17.30	$17.50	$17.27	$317.3K	18.27K

Buyers (Bids)

No.	Vol.	Price($)
1	34	$17.32

Sellers (Offers)

Price($)	Vol.	No.
$17.40	138	2

View Market Depth

No.	Vol.	Price($)
4	1073	17.200
1	11	17.190
1	69	17.160
1	90	17.150
7	2534	17.100

Price($)	Vol.	No.
17.270	92	3
17.300	531	2
17.400	5500	3
17.410	238	1
17.470	1444	1

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