It dropped 12% today on two small trades. I wouldn't worry too much about that. A couple of good results and this could swing hard the other way. The stock is so tightly held. The company has been drilling through December 2011 with a focus on the Warmblood trend and I'd be hoping some results will come through in the next few weeks.
If the second pass drilling is positive and confirms/ extends the indicated resource, the market cap should respond accordingly . Still some bridges to cross but a market cap of only $20M should translate to a share price of approx 10c+.
Patience, fellow grasshoppers :-)
It dropped 12% today on two small trades. I wouldn't worry too...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $253.5M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $253.9K | 2.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1530000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 180677 | 2 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| STK (ASX) Chart |