I've never seen Macquarie insto buy almost $17mill on market + Wilsons buying $7.5mill over the course of a weeks time, throughout my history of trading What's important is that these instos are accumulating a position, and have a long term view of this co, rather than Argonaut @bossivic where clients are buying and selling this stock.
I think price will further consolidate here around the 13-14c region mark.
What's important is that we have a significant gold project in a Tier 1 location, with probably the best management team on board.
Upcoming news:
Assays pending, can be dropped at any time.
Resource update before the end of this year
PFS next year.
Mark my words, this will be a billion dollar gold producer with time.
Ann: Becoming a substantial holder, page-12
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Last
$2.07 |
Change
-0.110(5.05%) |
Mkt cap ! $2.322B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.14 | $2.07 | $8.116M | 3.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 104726 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 93723 | 4 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| GMD (ASX) Chart |