Yes, volume is at its highest since the re-listing. I ruminated some weeks back that I "felt" there were a lot of Sideline Eyes watching this one, ready to jump once the ball got rolling.
I expect this is just a trickle ATM. It may consolidate around here or edge higher, but I think we can expect more interest in the stock when we here that drilling is mobilised, and more action again when drilling commences.
People are indeed watching this one closely, knowing they all sold much higher (at a minimum, a lot of people sold this pre-consolidation at 4.2 and higher - that being 84c). SO people will still be happy to watch and wait and not be bothered that they might pay more than 60, 70, 80c...
And just finally - all in my opinion only - prior to the Pattersons mega-dump, and post announcement of the capital raising + consolidation...DRG was 'settling" at 7c (equivalent to $1.40) on nothing more or less than what we know now.
I am a happy buyer at these levels.
Coop
Yes, volume is at its highest since the re-listing. I ruminated...
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Last
$1.24 |
Change
0.065(5.53%) |
Mkt cap ! $1.587B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.22 | $8.056M | 6.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25542 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 14835 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |