if only we had volume to match its a really good technical chart.
I expect the volume will be massive on breakout of this wedge pattern and that will give us a very strong base for the upcoming rise - target for me is $1.64
In saying that, if we consider the share float as being 95m of which 30% is locked by shanghe (19.95%) and other bigger holders , that leaves 66m tradeable float, 70k daily volume is then 0.1% - still small but perhaps not as insignificant as one would assume
Ann: Cabinet Approval of SML Application for Ngualla Project, page-293
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $50.62M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.0¢ | $26.85K | 145.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 345110 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 25789 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| PEK (ASX) Chart |