Lots of shorts/bears caught today. Lots of excuses being offered (don't buy, because, etc.).
Reality is that the timeframes are confirmed, the approvals are in place (or if not, are on track), the pad is ready, and they are about to spud into an area of proven value. The MAY "story" is only going to gather pace over the next few weeks. And as this occurs, we are likely to see more people take a leap of faith.
If Roch were here, she would undoubtedly be quoting $1.00. But for now, let's just say "teens".
IMO
Kit
Lots of shorts/bears caught today. Lots of excuses being offered...
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Last
3.3¢ |
Change
-0.028(45.9%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.3¢ | 3.2¢ | $3.849M | 101.0M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3966517 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 1034998 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |