Not to me, and I wouldn’t be surprised to see it fall a little more but I’d expect it to hold 5c unless vale pull the pin and this will then free fall.
You have to remember it’s still well above the sub 2c it was recently trading at and at least most people who have bought recently still in the green.
It’s time to start buying very cautiously imo with plenty of ammo left to take advantage of a further fall.
The smart money already reduced their positions at higher levels and are starting to re-buy.
It should run again if the next announcement is good but we have to wait it out.
Id personally like Vale to launch a t/o and move on.
Good luck to all!
Not to me, and I wouldn’t be surprised to see it fall a little...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $62.34M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $63.57K | 1.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 207274 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 350000 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| CLE (ASX) Chart |