I88 5.41% 17.5¢ infini resources limited

I decided to join the I88 party bus in the last hour of trade...

  1. 20 Posts.
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    I decided to join the I88 party bus in the last hour of trade today.

    I completely missed the IPO shenanigans, ran the slide rule over it and came on board to will see where this one goes.

    Price action so far indicates that there was a lot of FOMO upon listing with lots of profit takers walking away with good gains in early days. Then Nervous nellies sold into a stair stepping slide to below IPO price, so that will likely keep a lid on the SP for a while. Once when everyone gets tired of selling underwater and then folks switch into seeing the upside of an emerging uranium player step up to the plate and take some swings at their large prospects they have got on their hands.

    The forecasted long term uranium shortage on the supply side for the next decade should limit further downside risks to SP so now that they have a bag of cash, they need to use it strategically and not be in a hurry to spend it all in the next 3 months. If only they could go the way of WA1. That would be nice.

    DYOR
 
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Last
17.5¢
Change
-0.010(5.41%)
Mkt cap ! $6.647M
Open High Low Value Volume
18.5¢ 18.5¢ 17.0¢ $2.856K 16.42K

Buyers (Bids)

No. Vol. Price($)
2 3164 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 50000 1
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Last trade - 15.43pm 08/05/2024 (20 minute delay) ?
Last
17.5¢
  Change
-0.010 ( 5.41 %)
Open High Low Volume
17.5¢ 17.5¢ 17.5¢ 23175
Last updated 12.44pm 08/05/2024 ?
I88 (ASX) Chart
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