Yes, certainly a few maybe on the sidelines may be waiting for the resources/reserves report at the end of the month or thereabouts.
My guess is it may not be enough to give the SP boost alot are hoping for/riding on.
Someone mentioned risk on/risk off? I believe its risk off whilst the interest rate/inflation issues get sorted before climbing up again the wall of worry in line with economic growth.
As for MAY, I believe the boost the SP needs won't come from the day traders we saw 3 months ago, but from the instos once they see steady state production from any of the 3 or 4 intervals they've encountered. Amongst the bloodbath we've seen on the bourses, the oil price remains steady at $116, and Russia shows no sign of abating, a confidence boost for me to remain long MAY for a longer game.
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4.3¢ |
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Mkt cap ! $146.6M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.2¢ | $170.7K | 3.875M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 54209 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 331841 | 4 |
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No. | Vol. | Price($) |
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1 | 54209 | 0.043 |
7 | 1262122 | 0.042 |
8 | 749187 | 0.041 |
10 | 1258945 | 0.040 |
13 | 1477793 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 331845 | 5 |
0.045 | 508386 | 4 |
0.046 | 1024676 | 5 |
0.047 | 496555 | 5 |
0.048 | 718255 | 3 |
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