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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This is a very easy share to manipulate. Can literally sell off...
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.659M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.4¢ | $229 | 9.523K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39526 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 668276 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39526 | 0.024 |
2 | 173501 | 0.022 |
6 | 1759235 | 0.021 |
3 | 335000 | 0.020 |
1 | 166000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 668276 | 1 |
0.029 | 34448 | 1 |
0.030 | 33300 | 1 |
0.031 | 14200 | 1 |
0.032 | 4307 | 2 |
Last trade - 10.09am 09/07/2024 (20 minute delay) ? |
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