This is a very easy share to manipulate. Can literally sell off $20k and drop the price ~8% at times. Someone who wants to buy up big would be clever to sell it down, rattle the market, then scoop up the cheap shares. It might cost them $20k, but it will make them 100k at the very same time.
Hold strong! Insane resources (ongoing good news), positive cashflow, undiluted shares (just $1b MC on this baby = $4 per share), and a team set on being self-sufficient. Not just another miner with 'good news' then printing tens of millions more shares in the same moment.
Our neighbours Mt Marion (ASX:MIN) went down that path of not printing shares. Instead of billions of shares at 20c each, they made theirs as rare as hens teeth. Have a look at their SP.
Sit tight, macro conditions are improving and we have nothing but good news to enjoy.
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Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $7.678M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $4.192K | 167.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24472 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 34436 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24472 | 0.025 |
2 | 400004 | 0.024 |
1 | 21854 | 0.022 |
2 | 315000 | 0.021 |
7 | 429299 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 34436 | 1 |
0.028 | 11185 | 1 |
0.034 | 80360 | 1 |
0.035 | 7891 | 1 |
0.040 | 39158 | 3 |
Last trade - 15.27pm 02/08/2024 (20 minute delay) ? |
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