It's a perfect storm today:
- market down
- newly issued shares now active
- CR participants who only wanted the options are selling their shares
This selloff isn't unexpected - everyone has a different game plan. The fundamentals haven't changed since yesterdays highs. IMO, the SP will recover when:
- those seeking to recoup their CR capital and just hold the options, have done so and the sell side softens.
- drilling permits are received and drill dates are set.
It's a perfect storm today: market downnewly issued shares now...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.242M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $34.25K | 8.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 619050 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2345385 | 5 |
View Market Depth
| Last trade - 14.14pm 26/07/2024 (20 minute delay) ? |
| ICG (ASX) Chart |