IR1 12.5% 28.0¢ iris metals limited

Billion $ Club News & Reports, page-205

  1. 10,242 Posts.
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    It doesn't work that way. Leading up to results we are holding approximately close to 13 percent off the ATH of $2.305.
    We have failed to close the gap despite numerous attempts at $1.61 and have found support at low $1.90s and resustance around the $2.07/8 levels. All of this on extremely low volume for a 121 million soi. The selling at such low volume can be anyone from intraday trading capitalising on 5 percent ahifts to sone low level risk off selling - not everyone is comfortable holding into results.
    It is impossible to nature of the results with the current sp behaviour due to no significant volumes. The market has decided that this is where ir1 will be positioned until we get closer to TH or results. We saw a similar pattern before a spike leading to TH on the first results.
 
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Last
28.0¢
Change
-0.040(12.5%)
Mkt cap ! $37.80M
Open High Low Value Volume
32.0¢ 32.0¢ 28.0¢ $36.29K 121.0K

Buyers (Bids)

No. Vol. Price($)
2 53570 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 34270 1
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
IR1 (ASX) Chart
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