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1.2¢ clara resources australia ltd

Ann: Section 708A Notice and Appendix 3B, page-21

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surat

6,876 Posts.

181

25/07/19

16:40

Post #: 39693829
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Originally posted by mikesz: ↑

I will need to do a bit of analysis but this 40m conversion is a good buy signal from SMART MONEY.

I can't remember how much they have in the kitty but they did have $4.2m from the CNs so I guess there would be a bit left. Still by converting now they are signalling they are happy to carry $250k worth of risk with an expectation of a good return in 6-12 months.

Why 6-12? Simply that funds usually try to generate returns by end of calendar year and then end of financial year to clear bonuses etc. Plus July is a good time to get in before the usually Xmas rally. So 6 months would quite likely IMO

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Second test of the bottom at 007. Should start 1st phase up to 011 anytime from now.
The stage is set to pump things up from here.

ANW Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $3.001M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$988	82.36K

Buyers (Bids)

No.	Vol.	Price($)
3	420735	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	55457	1

View Market Depth

No.	Vol.	Price($)
3	420735	0.011
8	1580000	0.010
5	1083445	0.009
2	182500	0.008
4	1500000	0.007

Price($)	Vol.	No.
0.013	613792	3
0.014	417724	1
0.015	33333	1
0.016	235000	2
0.017	29500	1

Last trade - 14.50pm 06/09/2024 (20 minute delay)

C7A (ASX) Chart

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Ann: Section 708A Notice and Appendix 3B, page-21

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