Hi Bullelk,I'll team up with you and start a cub of all of us in...

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Greenfeet1

149 Posts.

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07/12/23

19:12

Post #: 71334484
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Originally posted by Bullelk: ↑

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?

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Hi Bullelk,
I'll team up with you and start a cub of all of us in the exact same position.
I'm in the same position regarding averaging down, I'm hoping just like you with fingers crossed, and I'm curious as to the recent run up on good volume.

MKR Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.002(5.41%)		Mkt cap ! $32.50M

Open	High	Low	Value	Volume
3.8¢	4.1¢	3.8¢	$44.83K	1.128M

Buyers (Bids)

No.	Vol.	Price($)
1	87157	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	194032	2

View Market Depth

No.	Vol.	Price($)
1	87157	0.039
2	20959	0.037
3	312773	0.036
1	10000	0.035
2	135709	0.033

Price($)	Vol.	No.
0.040	194032	2
0.041	31779	2
0.043	94059	1
0.045	101137	1
0.046	26886	2

Last trade - 15.59pm 18/06/2025 (20 minute delay)

MKR (ASX) Chart

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