some very simple basics... there are 1.5b shares on issues. We have had low volumes of trades in the last few days. This makes it extremely easy for a reasonably big holder (and with the shares we have on issue) there are plenty to drop a sell order like 2-3 million. In no way would they have sold all there holding but moving large parcels can change the sentiment in a share. Ergo the price goes down. The only problem with this tactic (because these large holders are certainly looking to buy back in at a lower price) is that there are other large parcel holders who continue to only acquire. That’s why we see the price bounce as we did today. Look guys think about this logically... we had a 500m hit of golf. We are drilling crazy amounts of meters. We already have a massive (and it is) inferred resource. These daily plays are just that... people playing. Good luck to them but If you have taken a position of long term holding put the device down and wait for the announcement... whenever it may be delivered.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $40.86M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 17.8¢ | $63.16K | 346.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7633 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 93561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 88571 | 0.175 |
4 | 129650 | 0.170 |
1 | 3333 | 0.165 |
2 | 53125 | 0.160 |
3 | 134500 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 93561 | 1 |
0.200 | 5000 | 1 |
0.210 | 34516 | 4 |
0.220 | 6000 | 1 |
0.235 | 30000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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