Last time it ran to 40 just on high hopes of a discovery announcement, and sure there has been some dilution since then, but the prospect has also improved, and there's been more time for more players to understand the size of the potential reward.
So running to 0.80-1.20 on a likely discovery announcement doesn't seem unreasonable.
But who knows, if I've learned anything it's that sentiment can continually surprise in any direction.
Just be in a position to take the wins when the odds are in your favour.
Last time it ran to 40 just on high hopes of a discovery...
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Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.25M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.7¢ | $103.6K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133333 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 755999 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
0.000 ( 1.43 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 6.9¢ | 6.7¢ | 903504 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| IVZ (ASX) Chart |