It did the rinse/repeat before around the 25 to 40c range, then went gangbusters. I know one person that used to post here frequently got caught out on the big run from 30c to $2+ thinking they could trade that range between announcements. Not saying it will go from $1 to $3+ in a flash but I think $250m+ MC is a fair value based off results to date and the prospects of other tenement.
The market is full of impatient investors who jump from stock to stock and unfortunately forget why they invested in the first place. AW1 for example (which I hold) has nearly trippled in 3/4 months. WMG, 11.5c to 99c and now 50c. I would not be surprised if we are back around $1.50 range by August/Sept. Just my honest opinion. It is painful seeing red pretty much everyday though.
Ann: Momentous Mount Hope Results pXRF 47m @ 3.9% Cu, page-141
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $68.77M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 40.0¢ | 38.0¢ | $84.27K | 216.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51147 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 68311 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CNB (ASX) Chart |