hey mate - ipo was 5c , in less than two weeks it got to 16c.
13.5c is 270% gain.
I wouldn’t have described the stock as struggling and daily movements - that’s very challenging to attribute macro trends to micro cap stocks on a daily basis.
this companies market cap means one investor selling $50-$100k could swing it up or down 2-3c on any given day. That movement could be completely uncorrelated to the thatsdaily movement of copper etc.
I think it’s best to look at trends that extend beyond daily price movements. Otherwise I think you’ll find it not making much sense if you think a 20ml small cap stock is completely tethered to copper price on a daily basis etc.
thats just my view.
FMG tracks iron ore price fairly well - but it’s a bit different at this end of the market.
- Forums
- ASX - By Stock
- NRX
- Copper News
Copper News, page-5
-
-
- There are more pages in this discussion • 2 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 NRX (ASX) to my watchlist
|
|||||
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.887M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $228 | 16.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2900042 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 1084613 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2900042 | 0.013 |
2 | 550000 | 0.012 |
2 | 255000 | 0.011 |
5 | 1340000 | 0.010 |
2 | 178000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 1084613 | 3 |
0.016 | 1660867 | 6 |
0.017 | 1292000 | 6 |
0.018 | 575567 | 4 |
0.019 | 1950000 | 2 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
NRX (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online