MRD requires a little patience. People tend to not see the overall trend. It formed one golden cross for a breakout and it didn't eventuate as it was sold down, however, support was too strong. It formed a second Golden Cross a little while ago and people usually go long during this period. It is definitely not a lifestyle company and what is surprising is the amount of accumulation that occurred during the up trend and is still occurring. Gives me the confidence if awesome news drops it will break out strong.
This is not an instant profit scenario unless you are day trading. MRD + Rare Earth's is a hot mix and there is money to be made IMO.
Right now the Rare Earth's war is heating up between China and the world. If we strike a smidgen of decent grades 0.1c will be a distant memory.
GLTA & DYOR
Ann: Quarterly Activities Report and Appendix 5B, page-28
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.784M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $18.95K | 18.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9257468 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 200422189 | 97 |
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| Last trade - 15.14pm 12/07/2024 (20 minute delay) ? |
| MRD (ASX) Chart |