Going to be very interesting to see how the shorts react leading up to the drilling of SAMO, they wouldn't want to risk being on the wrong side of a discovery...the risk reward wouldn't justify it IMO.
If they start unwinding leading up to it, as I would expect , it should help keep upward pressure on the shareprice as we get nearer the drill date, that itself would put more pressure on them...could become quite a feeding frenzy...what a pleasant thought....
Cheers Whisky
CVN discovery metrics and FAR valuation, page-13
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49.5¢ |
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Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $21.96K | 44.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78555 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 1149 | 2 |
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| Last trade - 15.56pm 30/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |