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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Mkt cap ! $25.70M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $10.71K | 418.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1951317 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 433400 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1951317 | 0.024 |
6 | 3708719 | 0.023 |
3 | 3987040 | 0.022 |
1 | 150000 | 0.021 |
2 | 151000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 433400 | 3 |
0.028 | 709799 | 5 |
0.029 | 365701 | 2 |
0.030 | 400001 | 1 |
0.035 | 12500 | 1 |
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