NRX 7.14% 1.3¢ noronex limited

Catalysts: Final Fiesta Results/Blowhole/Dorbadis

  1. 498 Posts.
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    Stocks currently posed for a significant swing up.

    Incoming Catalysts:
    - Blowhole Update + Fiesta Assay Results (5 lots I believe)
    - Blowhole Assay Results
    - Dorbadis Settlement ($1.2 mil)

    Currently siting at less than $3.5 million market cap - with directors heavily invested and an already proven 10 megaton JORC.

    The main point of resistance would sit around the 8-9c mark; MCAP at that price would still be reasonable and undervalued.

    - Technically it seems like we were in a descending channel most of this year (Mar - Sep)
    - Since August has been a falling wedge (which is generally bullish - especially with this sort of setup and at 1cprice).

    --- Difficult to keep maintaining this price decent with a stock like this, if the general market sentiment keeps improving or we get a hint of any good news, setup is primed for it ---

    https://hotcopper.com.au/data/attachments/5722/5722568-411cf108efc91d76531f8ccfe2ccd792.jpg

    Happy for people to debate and share points - will be looking to grab any shares sub 1c swiftly over the coming days and weeks.


 
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Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $6.147M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $5.268K 405.2K

Buyers (Bids)

No. Vol. Price($)
1 416666 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 314200 2
View Market Depth
Last trade - 10.52am 02/05/2024 (20 minute delay) ?
Last
1.3¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.3¢ 1.3¢ 1.3¢ 76137
Last updated 11.57am 02/05/2024 ?
NRX (ASX) Chart
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