Some reasons perhaps:
For holders I think 25c is priced in over past week or so @ least who believed we had 2,2Moz'z. That goes for the Market too perhaps.
For Traders who bought around the 18c mark recently. High MC for drilling results alone (Hemi in the equation).
We, who see the 5Moz's sitting pretty already, as do analysts that we've read articles from just now. We are those that believe 30c should be the sp right now. Early days @nichbaker
Charts, page-247
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Last
$1.21 |
Change
0.055(4.76%) |
Mkt cap ! $2.899B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $9.324M | 7.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33645 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 12149 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |