I hope you don't have to pay over 10 cents to reenter. Let's think about the timing.
Tomorrow should see a placement at 9 cents hit the market and current share price is 8.5 cents. This creates an arbitrage opportunity for the lucky few.
Hartley's have barely sold when the SP dipped below 9 cents and may have soaked a lot of volume from nervous nellies.
I am sure management will want to see the SP above 9 cents following the placement. Expect some juicy news. Management only need to release extensions to existing finds and the SP is well north of 10 cents. Add a few more diamond drilling rigs (1 at BP33 and 2 at Grants) and this will set the share price north.
Future drilling programs are imminent. I suspect 0.5 cents will be closed on the open with plenty of upside. Let's bring on tomorrow.
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Last
9.8¢ |
Change
0.008(8.89%) |
Mkt cap ! $209.4M |
Open | High | Low | Value | Volume |
9.0¢ | 10.0¢ | 8.9¢ | $3.078M | 32.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 334881 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.098 |
4 | 420000 | 0.097 |
7 | 684166 | 0.096 |
6 | 449930 | 0.095 |
5 | 422155 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 334881 | 7 |
0.100 | 733032 | 9 |
0.105 | 2470293 | 29 |
0.110 | 447359 | 14 |
0.115 | 763384 | 16 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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CXO (ASX) Chart |