Greed, look at the movements we’ve had from 2.5c up, there’s a pattern, all similar to today’s movement. When you have short term traders with large amounts of capital, they can move it to wherever they want really, throw in straight up gamblers who buy on credit cards and T+2 and they have no choice but to cover over the weekend. The fundamentals of the initial resource estimate put a minimum of 25-30c on this, it’ll just take a little time to make it’s way there. We’re up 3.5c for the week, that’s why I don’t think anything from the daily chart and below is worth looking at, unless you’re a pip trader.
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Last
2.3¢ |
Change
-0.002(6.25%) |
Mkt cap ! $80.88M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.3¢ | $23.88K | 1.034M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1226089 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 514161 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 1226089 | 0.022 |
15 | 2519442 | 0.021 |
18 | 4571251 | 0.020 |
5 | 929920 | 0.019 |
1 | 318750 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 514161 | 3 |
0.024 | 3819832 | 10 |
0.025 | 711897 | 5 |
0.026 | 2178955 | 4 |
0.027 | 1000000 | 1 |
Last trade - 12.44pm 22/08/2024 (20 minute delay) ? |
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MAY (ASX) Chart |