I don't believe that bearish sentiment suddenly occurs to sellers from day to day, e.g. today's sp opened at 0.49c and is now hitting 0.43c - a drop of 12.25%. This has all the hallmarks of either a massive short-selling campaign or a slow capitulation from major holders? This is in total contrast to the surge in spot gold overnight, too!
My checking tells me the Feb '25 options are exercisable at the split-adjusted price of 36c? This does match a support line that can be seen if examining the sp action between February and August 2024. I'm moving my dollar cost averaging buy price down accordingly (again!)
I don't believe that bearish sentiment suddenly occurs to...
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Last
55.0¢ |
Change
-0.020(3.51%) |
Mkt cap ! $397.4M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 54.5¢ | $1.094M | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 24789 | 3 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| SMI (ASX) Chart |