The selling is due to general market weakness, it isn’t stock specific. The story hasn’t changed as far as I know. The assumption that top holders are selling and causing this weakness is likely not true. I am one of them and I have been adding to my position as these levels.
The market is underestimating the potential of TKM. With a very low market cap of circa $20M, Trek could easily become a $50M plus company with any positive announcement. Those selling at current levels either don’t know the story or don’t believe in it. They are most likely short term traders looking to make a small and quick return. The traders who are currently selling at 7c will likely become buyers again when TKM is 10c plus as they like to chase momentum.
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TKM
trek metals limited
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8.8¢

The selling is due to general market weakness, it isn’t stock...
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Last
8.8¢ |
Change
0.008(10.0%) |
Mkt cap ! $51.63M |
Open | High | Low | Value | Volume |
8.3¢ | 9.5¢ | 7.9¢ | $187.2K | 2.190M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 85000 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 1066 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 85000 | 0.083 |
1 | 1008574 | 0.081 |
1 | 23231 | 0.079 |
1 | 6600 | 0.072 |
2 | 114285 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 1066 | 1 |
0.090 | 68445 | 1 |
0.094 | 30000 | 1 |
0.095 | 21664 | 1 |
0.099 | 200000 | 1 |
Last trade - 15.52pm 20/06/2025 (20 minute delay) ? |
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TKM (ASX) Chart |