Weakness on decent 0.5m volume today, buyside very thin could indicate those loose lips.
- On the horizon, two assay results from down dip Hill800 aircoredue by end of the month and 3 months of drilling at hill 800 and Rhyolite creek targeting magnetic anomalies. While RIO Geo-physical air-survey results at West Paterson due Q120.
- In theory it could be a real buying opportunity into that news flow.
Risk/reward could have real skew to upside, share-price floor of 8-12c range due to the 3 current JVs, probable resource base already established at Hill 800 (small) and cash position $3m. However today's volumes and tape reading does cause hesitation.
Acknowledging it is speculative, allocating 1-3% of portfolio to it. I think I will watch over next couple of days and take on that probability distribution.
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Last
9.5¢ |
Change
-0.005(5.00%) |
Mkt cap ! $22.43M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.5¢ | $295 | 3.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 96900 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 31130 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 96900 | 0.095 |
1 | 50127 | 0.092 |
1 | 1467185 | 0.090 |
1 | 14299 | 0.070 |
1 | 100 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 31130 | 1 |
0.110 | 23199 | 2 |
0.115 | 175000 | 2 |
0.120 | 10000 | 1 |
0.125 | 25000 | 1 |
Last trade - 11.03am 04/09/2024 (20 minute delay) ? |
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CWX (ASX) Chart |