The weekly (looking at the bigger picture folks) is showing recent higher lows after a pullback. 9c is a critical price. A close above this price indicates there is little resistance until 20c. Last time we were at 9c it pulled back sharply. I know as I got burnt!
What's different this time?
Well for one management have done everything they said they would do on time and its all well documented. I watched a video again from January and the CEO said funding would be sorted out in May/June for construction to start in the summer. This appears to be about to happen with new binding agreements released to a muted market today. I'm predicting at least a 100% gain on the stock (from this mornings 7.5c) should it break 9c convincingly. 16-20c is my target range in the next two/three months. I have not come across a management team in my research that are as thorough as this group. It was like someone flicked a switch in afternoon trading today after folk digested the money this company is going to make. All metrics look compelling to me. DYOR.
The weekly (looking at the bigger picture folks) is showing...
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Last
6.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.58M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.5¢ | $25.29K | 388.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 176600 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 410097 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
6.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.6¢ | 6.5¢ | 83409 | ||
| Last updated 15.17pm 03/05/2024 ? | |||||
| BKT (ASX) Chart |