I agree that there is definitely a large seller out there. Problem is they have been selling for months. Who knows how much more they have left to sell and what their ultimate lowest price will be. It could be 8c or 5c or…2c. Who knows. This stock is certainly struggling. It’s down another 40% this month while platinum, gold and small cap sentiment has all improved.
So - yes there is a big seller but I’m not sure it is a buy until the seller is done. As the general market improves and precious metals rise the opportunity cost of holding this increases.
POD is a good story, a good resource but a terrible, terrible investment.
I agree that there is definitely a large seller out there....
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Last
4.7¢ |
Change
-0.003(6.00%) |
Mkt cap ! $21.37M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.6¢ | $26.62K | 570.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20049 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 44848 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
Change
-0.003 ( 6.00 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 5.0¢ | 4.6¢ | 207191 | ||
| Last updated 13.34pm 10/05/2024 ? | |||||
| POD (ASX) Chart |