Being a long term holder and a student of the SP history I have seen this pattern a number of times. SP falls on no news, appears to be manipulated price fall selling on low volume. Price rises unexpectedly on no news, my belief is someone knows something from drill results in a lab somewhere and tells mate or broker. So my bet is we are about to get the announcement on drilling that will have the resources upgrade. Quarterly not until 30/4/20. For the volume seen today someone knows something that's about to happen.
$37.8M free cashflow @ A$2,600 oz. py, page-18
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Last
2.3¢ |
Change
0.001(2.27%) |
Mkt cap ! $82.64M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $8.229K | 365.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2970386 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 762120 | 5 |
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| Last trade - 12.21pm 10/10/2024 (20 minute delay) ? |
| BCN (ASX) Chart |