What we do know is that after these initial results ICG will tap the market and begin a 5-10km drilling program to follow up on their porphyry discovery, regardless of the results (remember they already have multiple plus 100m intersections from surface from just a few areas on the lease). This will be the real game imo, how and when to position for the second program.
So, from the charts, you want to be able pick ranges where to enter or add (or sell pre placement) before results of the second program. The key two ranges are above and below 10c which is clearly an important level.
haspete,
Apart from the usual generic spec stuff, fluffy was probably looking initial volume relative the free float each day with the highest volume at the peak of the price, not the first day spike, not typical accumulation, was the DT favourite for a few days. Some of this maybe explained by the expectation of the pre news placement which has not happened and probably wont at this stage.
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.242M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $9.841K | 2.460M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 9402352 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3235378 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 8902352 | 0.004 |
10 | 5137112 | 0.003 |
2 | 2199980 | 0.002 |
3 | 4799950 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3035179 | 7 |
0.006 | 2662490 | 4 |
0.008 | 1450320 | 3 |
0.009 | 1155000 | 2 |
0.011 | 350000 | 1 |
Last trade - 11.06am 23/08/2024 (20 minute delay) ? |
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