Let's see, we have a chart here and it looks awesome!
Going back to the high of mid-2016, I see a triple-top at about 26c. Many punters rightly took profits (leaving free-carry) and moved on hunt other targets. The sp consolidated hovering below 18c for a whole year (mid-2016 thru mid-2017).
Since early October we have had a breakout to new highs and have held above the previous highs for 3 weeks now.
When I glance at the chart, I'm seeing a cobra's head. A consolidation triangle has formed between 25-30c and if it doesn't jump up to the next level very soon, I'll eat my shorts. The buy-depth vs sell-depth appears to support a strike upwards.
Throw in the fundamentals mentioned here in the HotCopper Forums and we have a very attractive company to buy into.
Ann: Upgraded Ore Reserve and Mineral Resource Estimates, page-32
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |
Day chart unavailable