Its already overpriced now (at 33.5c or $37m M/C)
if at 40c it will have M/C of $45m then upside will be limited and down side risk will be bigger
so I think it will either trade sideway or drift lower from here.
Ann: Drilling Commences at Webb IOCG Targets, page-9
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Last
18.5¢ |
Change
0.045(32.1%) |
Mkt cap ! $16.79M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 18.5¢ | 14.0¢ | $63.02K | 389.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 15000 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| CGR (ASX) Chart |