Matt, yeah it is odd. We have seen this before a number of times with NDO. Could be due to any one of a number of reasons, 1) Eureka Report prompted people to buy but with the volumes going through that appears to not be the case as it was certianly institutional buying predominantly, 2) we are finally seeing a rerating of the stock after 2 yrs or ridiculously undervalued prices, 3) smart money knows a good announcement is coming (i.e. Tindalo flow rates and/or Gindarra news and/or other SC farmin news off the back of SC58 coring activity), 4) the same old games are being played and we are in for another dump in the next day or so.
Would have made a bit mroe sense if KIK also had a run today so to me it is either the same old dumping games or something to do with SC58.
Eitherway lets hope this is the last time sub 20c will ever be seen with this stock again.
open at .195, page-14
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Last
85.0¢ |
Change
-0.010(1.16%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 85.0¢ | $21.98K | 25.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 285 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 594 | 1 |
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| Last trade - 13.52pm 01/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |