I'm not a betting man, but I can see the following happening:
1) Certain (small) group of investors view the CR as an opportunistic way to exit +40%
2) Share price starts a little re-trace and then
3) Blam! Management release a new announcement - Off-take, partnership, we are being absorbed into the AVZ mothership - and before the 'bailers' can hit BUY the share price has doubled.
This market is like that at the moment. Look at the price action across the whole sector yesterday after ORE confirmed that the LCE spot price would be +25% next year. And look at the money being pumped into PLS: After-market trades last Friday, courtesy of @Sparklight - https://hotcopper.com.au/threads/new-all-time-high.3916751/page-68?post_id=29715749#.WjhDQbT1VaU
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.70M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $1.601K | 200.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 11135511 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 954306 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 11135511 | 0.007 |
18 | 13170929 | 0.006 |
25 | 15574633 | 0.005 |
8 | 5687595 | 0.004 |
4 | 5170001 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 954306 | 3 |
0.009 | 2163959 | 5 |
0.010 | 1613800 | 4 |
0.011 | 1927019 | 5 |
0.012 | 2457871 | 10 |
Last trade - 12.39pm 14/10/2024 (20 minute delay) ? |
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