With all the possibilities this company has I thought I should examine the current bid and ask situation.
HEADS: Ask 0.006..........BUY: 0.005
let's examine costs. @ 0,005 1m costs $5,000 and @ 0.006 costs $6,000. Difference of $1,000.
And if one were to buy just 500,000 shares the difference is just $500.
Now recently S.I's paid 1c in a recent placement. If they see something about this company that gets them to pony up at a premium, and they are right, this stock could be well over 1c in a heart beat on good news and one could find themselves paying double the current ask.
Now........what news could spark such an event.
Well take your pick...........
(1) Large increase in the resource.
(2) Positive results for the new leaching process
(3) Listing on the Canadian market
(4) Joint venture maybe
Now guys these are just the thoughts that are going through my head at the moment as I contemplate adding to my current holdings.
Currently there 12.5m shares (approx) on the sell side @ 0.006 and 22m on the buy side @0.005.
So does one get in the queue @ 0.005 and hope the order gets filled before any news or bite the bullet and get my order filled @ 0.006.
hmmm
Anyone care to comment?
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $8.480M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $1.475K | 113.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 74475 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 398859 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 74475 | 0.013 |
1 | 100000 | 0.010 |
1 | 120000 | 0.008 |
1 | 85850 | 0.006 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 398859 | 1 |
0.016 | 155291 | 1 |
0.017 | 81371 | 1 |
0.019 | 300000 | 1 |
0.027 | 350000 | 1 |
Last trade - 11.32am 18/09/2024 (20 minute delay) ? |
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