For anyone still complaining that the SP won't move to reflect mt resource because of the Li sentiment or no body likes WR1 blah blah blah
have a look at LRS.up 47% since they dropped their MRE upgrade 3 days ago Finished the day at 670m MC
AGAIN around the 100MC per 10mt and it could run higher given todays action as well.
If we release a MRE around their resource, it is safe to assume that we are going pretty damn close to theirs.
I have no doubt their will be games played on Monday and maybe Tuesday as traders try to scalp and big money try to suppress SP rise until they've gotten there fill. But facts don't lie and what facts say are. Drop a MRE, your MC will move to what that market deems that resources value at period.
Ann: Trading Halt, page-147
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Last
54.0¢ |
Change
0.030(5.88%) |
Mkt cap ! $116.8M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 57.0¢ | 51.5¢ | $928.2K | 1.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4705 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 57133 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |