In keeping with my theory that thumbs up equate to perfect negative correlations they dont get much better than King Louie. Down another 8% today. Yes yes yes, you're all long term holders. Cool yer heels
I dont know if this has been mentioned much amongst the fire and spittle on TON threads but the simplest explanation for this retrace is that, even here it has a 100 mil mkt cap. I know you can all rattle off a rationalisation for higher market caps but if you know anything about australian markets you know they trend to the conservative.
It requires a certain type of market to maintain big capped juniours and that disappeared when the Dow turned last week. If TONs discoveries happened 3 months ago I doubt it would have cracked 60 mil. Keep that in perspective when you're lying to the missus about how much loss you're carrying on this now.
30 double bottom ? Maybe, but I wont bet on it. I'll punt on the next run which will be a week before the JORC. After Jorc it will retrace again. Make the most of that if you can.
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $259 | 26.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 122784 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.009 |
6 | 770529 | 0.008 |
4 | 492850 | 0.007 |
2 | 416660 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 122784 | 2 |
0.012 | 491367 | 5 |
0.013 | 1538461 | 1 |
0.014 | 200000 | 2 |
0.015 | 1333333 | 1 |
Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
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TON (ASX) Chart |