MKR 9.26% 4.9¢ manuka resources ltd.

Well, you and I share the same pain of average cost of 17 cents....

  1. 40 Posts.
    lightbulb Created with Sketch. 11
    Well, you and I share the same pain of average cost of 17 cents. 17.3 cents for me, after averaging down, although I gave up buying more previously after my last purchase on market at 6.1, when the last placement at 6.1 occurred. The current run up is a big surprise to me, as I have been watching the S.P. evaporate. I have just been holding on hoping that the company will manage to stay afloat until the inevitable precious metals rally. Most of my gold stocks have been losing ground this week, and to see MKR bucking the trend without any announcements worthy of excitement implies to me that insiders may know something positive. On charts the SP has broken above the last attempted breakout at .05, and it's also broken above the 100 day MA with a gap. However, we are now approaching the level of the .061 placement, a natural resistance point. I don't think that the recent run up in gold and silver prices has brought in this renewed interest, considering that today's action is against sector trend. Can the company still afford to spin a drill? Maybe a good hit?
 
watchlist Created with Sketch. Add MKR (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
-0.005(9.26%)
Mkt cap ! $37.23M
Open High Low Value Volume
5.4¢ 5.6¢ 4.8¢ $133.9K 2.648M

Buyers (Bids)

No. Vol. Price($)
2 60567 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 4334 2
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
4.8¢
  Change
-0.005 ( 11.1 %)
Open High Low Volume
5.6¢ 5.6¢ 4.8¢ 935237
Last updated 15.59pm 21/05/2024 ?
MKR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.