With the drill program now underway, obtaining a position in this tightly held company currently requires paying a premium per share. There just isn't enough stock supply for those investors wanting exposure to the potential upside here.
The share price will continue to stay buoyant until initial results from drill program. We should expect it to trade up and down in this range between 30-40c until we get those initial results.
The time to buy this stock was during the wet season. Hopefully this work program can deliver a discovery.
Ann: Drilling Commences at Webb IOCG Targets, page-17
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $15.43M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $14.42K | 83.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44724 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.26pm 14/06/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.005 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 17.5¢ | 17.5¢ | 17.0¢ | 59844 | ||
| Last updated 12.00pm 14/06/2024 ? | |||||
| CGR (ASX) Chart |