Let them sell. Hope the drills results come back soon with good...

First 101 Last

Share
Profile

Follow
Swiftballs

1,485 Posts.

283

15/05/25

12:51

Post #: 79055712
Share

Originally posted by stevenlcs: ↑

It's all supply and demand working out here.

We have 1.4m escrowed shares coming onto market when there's no excitement to bring in demand to match the supply. The believers are already set and maxed out (even some under water) and the non-holders wouldn't buy into broken chart like this.

And if this continues, by the time the 1.4m escrowed shares churned through, the second batch 6m escrowed shares are also ready to dump on market. This is more than 10% of register so sell the MRE news is already on schedule. Smart holders would now drip sell before all these events which would add to the supply.

But sure let's keep believing no news is good news and insto manipulating to get set.

Expand

Let them sell. Hope the drills results come back soon with good news and all those that sold will be buying higher.

I hope it holds around here for a few weeks so I can add more.

ORD Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Zip's stunning comeback: Is this the start of a $14 revival?

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 101 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 50.0¢		Change 0.020(4.17%)		Mkt cap ! $17.99M

Open	High	Low	Value	Volume
50.5¢	50.5¢	49.0¢	$6.29K	12.62K

Buyers (Bids)

No.	Vol.	Price($)
1	4000	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
50.0¢	14581	1

View Market Depth

No.	Vol.	Price($)
1	4000	0.485
1	50000	0.480
3	22000	0.475
2	26521	0.460
1	20000	0.450

Price($)	Vol.	No.
0.500	14581	1
0.515	6108	2
0.520	54943	2
0.550	10625	3
0.565	4125	1

Last trade - 14.08pm 13/06/2025 (20 minute delay)

ORD (ASX) Chart

Let them sell. Hope the drills results come back soon with good...

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Zip's stunning comeback: Is this the start of a $14 revival?

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Let them sell. Hope the drills results come back soon with good...

Top Stories

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Zip's stunning comeback: Is this the start of a $14 revival?

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News