Great day of trading once again, volume on the lower end of my expectation and we couldn’t quite dip below 61c showing strong support at those levels.
Cat seems to be out of the bag with this one. Needing another 1M+ volume day to really put the foot on the pedal. Given that these levels haven’t been touched since Dec-2021, there are plenty of holders in the red holding on for dear life, as well as a relatively low SOI on the open market with decent holdings by Top20, Insto and Board.
Tomorrow and Thursday will again be tell tale, I suspect one will be of volume over 1M units and the rise into the High 70s/80c mark will be hit. It’s too primed to not breakout, a catalyst in the form of market sensitive news will precipitate it for certain.
GLTAH.
Ann: High Grade Discovery 4m @ 7.0% Cu - Exploration Update, page-336
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.33M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 36.8¢ | $157.6K | 419.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72436 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| CNB (ASX) Chart |