A retrace is expected. People saying not a good look etc... nonsense. It's an early stage small cap with a relatively small share register, SOI and market cap (good thing).
Focussing on short term share price movements at this point doesnt make sense. Fundamentals are extremely strong and they don't change because there's a short-term change in SP. Low MC means that the share price can move up or down with not that much $ traded.
If it drops to CR SP, this will still make sense given 10% uplift in SOI. It'll be great if it doesn't drop to that level (7.5c) youll find me in the T20 because ill be loading up - you only need 700k-800k shares (which should give even more context about how small the share register is).
- Forums
- ASX - By Stock
- Ann: Brazil Lithium Linopolis Jaime Due Diligence Complete
A retrace is expected. People saying not a good look etc......
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZM (ASX) to my watchlist
|
|||||
Last
6.0¢ |
Change
0.010(20.0%) |
Mkt cap ! $9.525M |
Open | High | Low | Value | Volume |
4.9¢ | 6.0¢ | 4.9¢ | $17.33K | 337.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 54400 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.049 |
1 | 11000 | 0.048 |
1 | 217391 | 0.046 |
1 | 859 | 0.045 |
2 | 116100 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 54400 | 2 |
0.068 | 27470 | 1 |
0.070 | 100000 | 1 |
0.072 | 27900 | 1 |
0.074 | 144294 | 1 |
Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
Featured News
OZM (ASX) Chart |