1 Penny ore guarntees a couple of years of strong results - this was time to factor in
2. Two successive takeovers prior had artificially dperessed price
3. Tom Sanders and the like selling on market (?) ....seems likely also depressed price artificially
4. fundamentals and propsects now free to set a realistic price
IMO SUFFICIENT TO EXPLAIN - it is after all only regaining old ground
Could finish around $1.75 ....or could more likely go to $2.10 in this run IMO but depends on GP of course ....as well potentialy on corporate matters ....but I doubt I'll be selling any of my 3 top ups .
charting, page-8
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Last
$1.99 |
Change
-0.045(2.22%) |
Mkt cap ! $2.268B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.03 | $1.98 | $3.747M | 1.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 21574 | 5 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$1.99 |
Change
-0.045 ( 2.82 %) |
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| Open | High | Low | Volume | ||
| $2.00 | $2.03 | $1.98 | 513719 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| RMS (ASX) Chart |