Sorry for delay mate, had to spend some time in the sinbin.
All I can do is tell you how I'm ready the current chart but because of those ridiculous high selling wicks I needed to check on announcements. Sure enough discovered there was a placement which explains the pump/dump on the 20th as the placement winners closed their current holdings. So a $6 mill placement causing 25% dilution, is that right?
Anyway, as always with any stock those extremely high wicks way out of bollies are massive red flags/ sell signals so be careful as the 6 cents placement holders are still well in the cream so could distribute other holdings all the way back to 6 cents. IMO. By the way, the 6 cent level is between the 50-62% Fib retracement levels if anyone's interested.
But I'll add this, if it doesn't go back to 6 cents in the short term then demand for your fundamentals is very high. I really hope that this is the case and you holders make a killing.
Estate09, look after a massive re-rate like the 20th, we need to let the data settle and smooth down again so charting gets put aside briefly (unless you're into 5 /10 minute charts). You can see now, a week after the event, that the SP is back inside bollies and far smoother data being printed.
Cheers
- Forums
- ASX - By Stock
- Ann: Drilling Confirms Discovery of Large Cu-PGE Sulphide Reefs
Sorry for delay mate, had to spend some time in the sinbin.All I...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TM1 (ASX) to my watchlist
|
|||||
Last
7.2¢ |
Change
-0.006(7.69%) |
Mkt cap ! $21.29M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.0¢ | $482.9K | 6.715M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5592 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 158563 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 262846 | 0.070 |
2 | 78840 | 0.069 |
5 | 460000 | 0.068 |
3 | 180000 | 0.067 |
3 | 413030 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 112575 | 1 |
0.074 | 100000 | 1 |
0.075 | 30000 | 1 |
0.076 | 104117 | 2 |
0.078 | 244998 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
TM1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online