A very reasonable end to a great week for ILT. Since the re-rate started on the 16th May, ~4.1m shares (10% of register) have been purchased at a VWAP of ~33.5c. The top 20 + board hold approx. 55%, and remaining free float 35% is holding on. So still a very tight register. Todays volume of 282k at a VWAP of 30.8c is very light and to be expected on such a crap day for markets all round.
The positives for the next few week are-
- silver price is consolidating above $30.
- drilling is over halfway through and likely to wrap up next week.
- first assays 3-4 weeks.
At market cap of $12m, I can see another shift higher on positive results. We are trading at a fraction of the value of our peers with defined resources, and with continuity of mineralisation and consistent grade in this current program we will get a better understanding of scale to benchmark with the others.
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16.5¢ |
Change
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Mkt cap ! $4.421M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 13.0¢ | $66.37K | 408.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4208 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 50000 | 1 |
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No. | Vol. | Price($) |
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2 | 4208 | 0.150 |
2 | 30000 | 0.145 |
1 | 35678 | 0.140 |
1 | 76000 | 0.135 |
4 | 80484 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 50000 | 1 |
0.190 | 30384 | 1 |
0.200 | 45000 | 1 |
0.210 | 14000 | 1 |
0.230 | 13000 | 1 |
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