SHN 7.69% 1.2¢ sunshine metals limited

Ann: Drilling Confirms High-Grade Main Feeder at Liontown, page-101

  1. 23,011 Posts.
    lightbulb Created with Sketch. 827
    It was Retail buying from 24th Nov and retail the largest selling from 30th Nov. Commonwealth by far the biggest of both which indicates retail. Whether influenced by social media is a seperate question but very likely. There is always hype before anticipated news. Traders buy early and sell before announcement. If announcements are earth shattering they miss the big run and holders make the $. I was in a tad too late for the trade & was in at 3.1 and out at 2.7. My target was 4c. Thems the breaks. The issue now is that this will get played by the traders unless an 'earth shattering' announcemnt comes out . So if good enough trade the swings. I'm not good enough so I am out for now. Hopefully for the holders this will be only short lived pain.
 
watchlist Created with Sketch. Add SHN (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $19.05M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $24.94K 2.011M

Buyers (Bids)

No. Vol. Price($)
15 6296744 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 307620 4
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
SHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.