Oh... My... God...
New's is an "intrinsic" event, It has little value past a week, it is time bound, and it's emotion bound.
It has almost EVERYTHING to do with volume and SOI.
A company with 2.8B shares that's just found some pleasing gold mineralisation won't, and absolutely will not got to $1 per share. This would make the market cap 2.8 Billion.
A company with 50M shares, same scenario, could "easily" go from 10c to $1... That would only make the market cap $50 Million.
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G88
golden mile resources ltd
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1.3¢

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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $7.075M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $3.272K | 274.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 624216 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 279998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 624216 | 0.011 |
7 | 3463000 | 0.010 |
4 | 740000 | 0.009 |
2 | 2000000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 279998 | 2 |
0.014 | 168663 | 1 |
0.015 | 2050000 | 2 |
0.016 | 941005 | 2 |
0.017 | 500000 | 1 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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G88 (ASX) Chart |