More on the topic of a bear market (which we are in).
Things that will move the SP properly:
1) A TA
2) A dramatically proven increase in LOM
3) A certified large increase in resources
4) A new substantial share holder that is a strategic partner not SS
5) Lots of money in the bank from nameplate and ongoing production
6) Dividends
Things that will move the SP for about 2 minutes:
7) News of a shipment
8) The Quarterly report
9) Drilling results
10) Other run of the mill news
Basically IMO people need to think longer term during a bear market and will definitely be disappointed from ANN's in the list 7-10 and similar.
More on the topic of a bear market (which we are in).Things that...
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.3¢ | $3.295M | 34.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 365887 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 883409 | 8 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |