Yep it's hard to get past the downside issues here when there is no buying support for the stock and still no real news despite met test drilling being completed about five months back.
There are only three possible reasons to explain why someone like Wolfgang isn't buying more stock at 12c:
1) He is simply out of cash.
2) He doesn't want to throw good money after bad, or:
3) There is some sort of sensitive announcement coming which would not permit him to buy stock at this time.
We can only hope it's number three and it's good news as opposed to bad.
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $207.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.0¢ | $73.63K | 265.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 186025 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 376866 | 8 |
View Market Depth
| Last trade - 12.12pm 02/07/2025 (20 minute delay) ? |
| FEX (ASX) Chart |