Harlee,
I strongly expect news this week.
We now need the U spot price to move up and we are home.
I will buy more if it falls on Monday as it will be overdue for a re-rating above $2 soon.
Furthermore, I went back and looked at the volume that went through in the 1.20's to 1.40's and it adds up to 14,305,500 all between $1.20 and $1.48.
What does it all mean Harlee?
Well, let Deltra tell you. Lord Elpus stated there were approximately 50 million shares tradeable after the top 20 hold 73% I believe.
Now if you take out another 14.3 million, it only leaves 36 milion now tradeable as the volume turnover I assume is not going back into the market. If they were willing to pay between 1.20 and 1.48, it means the price now is still a bargain.
Plus these investors buying obviously expect a 50% plus return or else they wouldn't bother?
Every day have you noticed only 200K in shares is required for a 16% return. Now what happens when million s go through in one day.
Answer = $2 plus.
Hooray for picking a long term winner.
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Harlee, I strongly expect news this week.We now need the U spot...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.08M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $36.93K | 4.104M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 4469054 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1843495 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 4469054 | 0.008 |
9 | 3456335 | 0.007 |
5 | 2655608 | 0.006 |
3 | 5780000 | 0.005 |
4 | 10998750 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1843495 | 3 |
0.010 | 5358743 | 10 |
0.011 | 3046090 | 7 |
0.012 | 4723472 | 4 |
0.013 | 10099423 | 3 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
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EXT (ASX) Chart |