M3M 0.00% 5.9¢ m3 mining limited

Interested to see how this plays out. With the limited number of...

  1. 357 Posts.
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    Interested to see how this plays out. With the limited number of SOI, someone could make this their plaything while the drill bit is yet to throw out all the results. Has the recent seller been extinguished is the real question. From the two runs into the 20s it can move quickly just needs secondary buying support. If it has a couple of good days and that 20-day MA crosses the 200-day MA it will alert a lot of technical traders about a 'golden cross' something that would aid in maintaining momentum with additional buying support based on TA, unlike the two previous runs that have been hit on the head quickly. The run into the 20s yesterday had half the amount of volume from the one on the 7th of June and today's volume was half again compared to the 8th of June so maybe that seller is at the end of their supply. Additionally, we were able to make a new 52-week high during yesterday's gain and the pullback today was smaller % wise compared to the 7th. If we were to get a golden cross and pull in the technical traders combined with some positive drill results a lot of those traders would be looking at the gap at 42 cents which would not be unreasonable to obtain considering the limited number of SOI. Interested to see what other people's thoughts are on this one.
 
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5.9¢
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Mkt cap ! $3.447M
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Buyers (Bids)

No. Vol. Price($)
1 100000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 185869 1
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Last trade - 16.12pm 02/05/2024 (20 minute delay) ?
Last
5.5¢
  Change
0.000 ( 5.17 %)
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5.5¢ 5.5¢ 5.5¢ 4444
Last updated 14.40pm 02/05/2024 ?
M3M (ASX) Chart
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