The graph i posted is similar to thousands at the moment. Shorters are gorging on the small resource sector (except Uranium). Our sector is actually strengthening re. Ore sector in general. There are plenty of catalysts macro and at a company level to catch the shorter out in our case. China stimulus, US inflation on it's way down along with rates.
In a year where DFS, partnerships re.Offtakes, State and Federal funding options and plenty of other Developmental milestones are due, plenty for management to keep the fight against such shorting.
Problem with 2022 and till present is that after any decent announcement, they move straight back in harder no matter the stock or sector.
The graph i posted is similar to thousands at the moment....
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Last
37.0¢ |
Change
-0.005(1.33%) |
Mkt cap ! $36.91M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $4.955K | 13.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128521 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 110 | 1 |
View Market Depth
| Last trade - 14.01pm 05/06/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
-0.005 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 37.5¢ | 37.5¢ | 37.0¢ | 10080 | ||
| Last updated 13.52pm 05/06/2024 ? | |||||
| MGT (ASX) Chart |