No I don't think so, they currently recommend to buy it up to 32 cents - I think they were just warning newer members not to get carried away and fomo in - as less experienced investors tend to do. I imagine they don't want their members overpaying. They usually take a 2-year or more view on their calls - to give them time to develop - this one is not even a year old. I imagine they presume that when the news of their sand deals progress comes out step by step SS, mine licence, offtake agreements etc - the market should see the value and potential profitability and also move higher step by step. But in more thinly traded stocks like IND at present up moves often overshoot - as do the corrections after any strong up move. I believe that's exactly what we are witnessing in IND now. IND is a waiting game now -like so many others. It's still their number one potential ten-bagger call of 12. Looks like a good price to collect again down here. (someone is?)
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Last
18.0¢ |
Change
-0.015(7.69%) |
Mkt cap ! $12.37M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.0¢ | $23.30K | 129.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 26221 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.175 |
1 | 100000 | 0.160 |
2 | 55000 | 0.155 |
1 | 50000 | 0.145 |
1 | 1000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 26221 | 1 |
0.190 | 12000 | 1 |
0.220 | 26000 | 2 |
0.250 | 17777 | 1 |
0.300 | 45882 | 2 |
Last trade - 14.41pm 25/07/2024 (20 minute delay) ? |
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IND (ASX) Chart |