Hey team, any thoughts on shorter term price fluctuations here? I was looking at selling a portion of my holding on the back of the indicated resource update but got caught out by the early selling in advance of the announcement. Now it looks like algo trades have kicked in and we are trading in a range 1.10 - 1.17, seems to be some manipulation going on (what stock isn’t manipulated on the ASX). Any thoughts on future catalysts i.e. potential takeover? Further resource upgrades? Or reporting? One area I thought they would be sorted is funding provided the share price stays above 1.08 the conversion of options should take care of funding requirements for the next 12 months.
Ann: 1.3m ounces upgraded to Indicated category from RAS drilling, page-13
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Last
$1.20 |
Change
0.010(0.84%) |
Mkt cap ! $243.6M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.18 | $46.02K | 38.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 143 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 9149 | 2 |
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| Last trade - 12.47pm 10/07/2024 (20 minute delay) ? |
| SMI (ASX) Chart |