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
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $16.22M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $2.75K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2151216 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8096042 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2151216 | 0.011 |
7 | 2945000 | 0.010 |
6 | 5577366 | 0.009 |
12 | 6807440 | 0.008 |
7 | 2620863 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8096042 | 7 |
0.013 | 4027200 | 5 |
0.014 | 1071428 | 2 |
0.015 | 1324179 | 2 |
0.016 | 1355004 | 3 |
Last trade - 10.02am 04/09/2024 (20 minute delay) ? |
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EXT (ASX) Chart |