"I don't hold yet but plan to grab a few of the placement shares near the issue price if possible."
"well if the tiny 500k volume is from the placement and they continue to be happy to make a 10-15% profit go ahead"
I guess as a worst case we could see the rest of the 20M or so shares sold over the next month or two, and as a best case that today's sales of ~500k are the full extent of the damage. What will actually happen? I'm neither a technical analyst nor a veteran of placement sell-offs, but presumably we can expect some more selling in coming days plus another bout after the drilling results come out.
Anyone care to make a more precise forecast?
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.056M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 230 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49533 | 0.032 |
1 | 136409 | 0.021 |
1 | 50000 | 0.020 |
1 | 100000 | 0.010 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 230 | 1 |
0.037 | 21006 | 1 |
0.041 | 32696 | 1 |
0.045 | 2004 | 1 |
0.060 | 7620 | 1 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
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