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I’m guessing you are looking at buying just a small position....

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oldtimer2

1,222 Posts.

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06/06/24

07:09

Post #: 74185954
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Originally posted by Simple1: ↑

I think there are some who are invested in ANX that will jump in, if the share price retreats (with no negative news of course)
I am not waiting for this to happen or am I that concerned.
Now if a positive announcement comes re funding I expect we will be moving upwards.
People tend to think (and I am guilty of it also) should have got some more how stupid I was when it went down.

For example, they hit 3 cents and I do not buy, then in a few months ann on funding they shot to 5 cents so what, I will buy double what I would of if I went in at 3 cents.
All this project is missing is the funding.
The Copper price will climb eventually that is staring everyone in the face.

Apologies for not being as technical as some.

Anyway, they are my thoughts please D.Y.O.R.

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I’m guessing you are looking at buying just a small position. You might get lucky and snatch some at 5c if they reopen that low. My guess is they will open closer to 6c, and assuming the news is unequivocally positive, will gap up further. There won’t be time to buy a decent position until it plateaus out. Not sure what that price will be, but 10c seems a reasonable initial target based on mkt cap and project fundamentals.

ANX Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
8 Upvote

3 Great analysis

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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $17.28M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.4¢	$3.889K	160.2K

Buyers (Bids)

No.	Vol.	Price($)
2	903586	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	392740	4

View Market Depth

No.	Vol.	Price($)
2	903586	0.024
4	965478	0.023
4	873454	0.022
5	1027952	0.021
10	1592350	0.020

Price($)	Vol.	No.
0.026	392740	4
0.027	220434	2
0.028	500000	2
0.029	92739	2
0.030	983334	2

Last trade - 14.47pm 17/07/2024 (20 minute delay)

ANX (ASX) Chart