MMI 2.17% 4.7¢ metro mining limited

The share price is sitting in a nice tight range of 2 to 2.1...

  1. al1
    2,005 Posts.
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    The share price is sitting in a nice tight range of 2 to 2.1
    sell side is 42.3 mill buy side is 107.7 mill
    there have been a lot of trades at the centrpoint at 2.05
    ...something we ordinary traders cannot do....but sometimes we can get lucky when executing a buy order and our broker picks some of our order up at the centre point...
    The market is slow......being cautious at the moment....
    We are not seeing any panic run to sell ....
    Traded volume today is only 8.78 million......
    Time to sit and wait.....
    Watch what evolves in Guinea,the spot price of bauxite (which had risen)
    any variation in shipping rates .....and weather reports affecting Guinea....
    ....and of course any reporting from MMI
    It's risen off the low of 1.4 to 1.5 and had a short spike to 2.5 and then fallen back....now at 2 to 2.1 c
    Accumulation was strong at 1.4 and 1.5
    now to weed out sellers by stressing them out ....then we should see some more rises....

    Just sit and wait...if you can afford to.....or you can set a target and place a contingent
    order (CTS) and leave it with your brokers order system...set and forget
    Up to you
 
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Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $279.1M
Open High Low Value Volume
4.7¢ 4.8¢ 4.6¢ $522.7K 11.18M

Buyers (Bids)

No. Vol. Price($)
5 3640922 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 2972414 9
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MMI (ASX) Chart
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