Rmoney,
If what you say is correct and this is another MRK from memory the stock opened at 3.2c and in the space of 3 weeks ran to a high of 8.0c thats a 150% return if you brought on day 1 and sold again in three weeks times!
So i think if thats the case then surely picking a few up now at 2.2-2.5 would be a bargain, obviously re-con stocks are high risk but then again 150% is high return.
I'm not going to put the house on it but i'll definitely get a few for a punt and who knows it could end up like DYL which was re-con'd at 1c in late 2004 very similar to ZYL and then the board found a good uranium project that didn't set the world on fire straight away but in early 2007 it hit a high of 70c even now at 23.5c if you had brought in on day 1 at 2c you'd still be laughing all the way to the bank.
Everything really hinges on the quality of the project/business they put into it?
Just MHO DYOR
PD
- Forums
- ASX - By Stock
- confirmation of shares
Rmoney,If what you say is correct and this is another MRK from...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.5¢ | $44.90K | 2.827M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 9743154 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 407432 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 9743154 | 0.015 |
53 | 13353830 | 0.014 |
18 | 3866806 | 0.013 |
11 | 4288696 | 0.012 |
8 | 4552000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 407432 | 5 |
0.017 | 4515693 | 17 |
0.018 | 3935164 | 14 |
0.019 | 2104989 | 8 |
0.020 | 2064125 | 11 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |