Ok lads and ladies this is how it goes.
Price starts off at 10-20c, during Exploration prices goes up to around 50c.
Big boys sell out making 100% + profit. In our case happy with 100% therefore price drops to around 40c. A few newbies panic and on low volume price drops to mid 30's.
Now with still lots of potential big boys BUY and price will be up around 60c as drills hit the ground and we wait for results. Newbies don't want to miss out and jump in. Driving the price up!
Therefore now is the time to BUY.
Smarts sell 50% of stock making another 100% profit and leave the rest in to see if we hit the mother load. Newbies are stuck with having bought at the high price and pray we hit something!
Still lots of potential in this one.
Don't loose sight of the long term picture this is a good stock. If we hit it on the first few drills we will see $$$$$ soon.
Ok lads and ladies this is how it goes. Price starts off at...
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $13.26M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.7¢ | 6.5¢ | $10.92K | 164.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 156568 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 134000 | 1 |
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| Last trade - 13.02pm 26/06/2024 (20 minute delay) ? |
| BUX (ASX) Chart |