possibly/probably?
could just be traders who are selling percentages of their holdings at X% gains. it's sensible.
but I've seen this sort of thing a few times before. capping a runaway small cap ultimately helps spring load it if/when good results are announced (IF they are announced).
and also provides good buying opportunities for us lowly retail holders.
I'm not too worried about CRs now. typically they'll do one 1-3 days after an announcement. my view is that the next announcement will be drill results.
and if the deposit is worth 150m, 500m, or 1b or 100b, it will be worth that regardless of whatever CR takes place. the only real issue is dilution.
dyor though. not advice. just my non-clairvoyant views.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
29.0¢ | 29.5¢ | 29.0¢ | $41.59K | 142.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15544 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 190499 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15544 | 0.290 |
1 | 12280 | 0.285 |
2 | 150000 | 0.280 |
1 | 50088 | 0.275 |
3 | 22414 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 190499 | 3 |
0.305 | 10000 | 1 |
0.310 | 90000 | 1 |
0.320 | 140044 | 3 |
0.330 | 17890 | 3 |
Last trade - 15.59pm 16/06/2025 (20 minute delay) ? |
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