Comment of the day.
This will probably not remain ongoing issue for an extended period - it will rectify itself in time. Soon. Probably.
I think it's as simple as sellers know this is a decent stock. They know there is audience to push it higher and people are willing to buy.
Where things have gone a little off-kilter is that a lot of people have topped up or come in from the first announcement and this announcement was good to confirm that decision, but there just isn't the volume of new buying to overtake the incessent need to meet it with a sell at every turn.
The new question is what impact will next week's announcement of new holes have. And the week after. It may or may not even matter. We know the news is at minimum good to very good and the drilling is well on the way to achieving its' aims and goals.
Excluding an announcement of a series of spectacular holes, I think the push will come in the weeks ahead and the announcements might need to act as supporting base requiring a circuit breaker, ie. if someone really wants in, wants more in or selling volume drops.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.27M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $58 | 4.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2487460 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 460819 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2487460 | 0.013 |
11 | 1440996 | 0.012 |
5 | 1249325 | 0.011 |
7 | 3168505 | 0.010 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 460819 | 2 |
0.016 | 384809 | 5 |
0.017 | 440156 | 5 |
0.018 | 965062 | 4 |
0.019 | 545000 | 3 |
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