I completely agree that based on what we know this is getting into dangerously overvalued territory. But its what we don't know that is clearly driving this. The volume is significant and I dont believe its traders (although the thougth did cross my mind re arbirtrage trading). I think the word is spreading from the team on the ground that they believe a major discovery will be made soon. If they continue to find not much... there is no doubt we tumble hard from here.
Chart, page-353
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.201M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $100 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 25063609 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 50162529 | 39 |
View Market Depth
| Last trade - 11.04am 13/09/2024 (20 minute delay) ? |
| CNJ (ASX) Chart |