the pessimistic way of looking at this is the drilling announcement was made to increase the share price to get a higher acceptance of the spp . Then when locked in the share price will drift down or tank if the results are bad . What will probably also happen is an announcement will be made informing the market of the scale back and holders will sell of there existing holdings (partially) to make a short term profit . I’ve seen it all before . The only way to stop the selling pressure is spectacular drill results either this week or early next . I’ve seen this scenario too . It’s still a punt to make a profit out of the spp. If you have a belief in the companies long term prospects then a good chance to accumulate a few more . Good luck haven’t decided if I’ll buy more or not . I could miss out if it closes early . Haven’t had a lot of luck making money on this one over the years
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Last
3.5¢ |
Change
0.003(9.38%) |
Mkt cap ! $38.09M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.3¢ | $422.9K | 12.23M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2500000 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 690283 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2500000 | 0.034 |
7 | 5616596 | 0.033 |
4 | 3775000 | 0.032 |
4 | 3596541 | 0.031 |
6 | 5268541 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 355539 | 3 |
0.036 | 1912227 | 9 |
0.037 | 2652295 | 3 |
0.038 | 977969 | 4 |
0.039 | 661823 | 3 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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