Just for the benefit of some Mums and Dads out there; as much as I am enjoying seeing the trading at current levels, I don't think it is too amazing when one thinks that we have been well above $2 twice before, and ages ago. It would be naive to think the short seller hedge funds are just going to lie down and lick their wounds and cover losses. I expect us to be knocked back to maybe $2.80 in an attempt to pick up some trader stock. It may well have been borrowed stock sold around $3.
I'm simply saying we should recognise we remain around 9months from the holy grail of production and keep your eyes on the prize and hang onto your shares as we await true value. Not financial advice...just my opinion.
regards
DF
ASX Today, page-29941
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Last
84.5¢ |
Change
0.020(2.42%) |
Mkt cap ! $2.049B | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 86.5¢ | 81.5¢ | $8.511M | 10.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12450 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 379873 | 3 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |