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

First 33 Last

Share
Profile

Follow
Greenfeet1

149 Posts.

18

07/12/23

19:12

Post #: 71334484
Share

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?

Expand

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
2 Upvote

0 Great analysis

Reply

Top Stories

MTM

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 33 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(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

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

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

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

Top Stories

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News