Likely he will be forced to the market. A strategic investor looks at fundamentals and there are some control/agency issues with the company structure - and he hasn't brought one in yet, cant see that will change anytime soon. Not a bad thing.
Id say it will go below 3c - before rising again on any or all of the following:
- Announcement of mobilisation and exploration plans - 45-60 days from now ?
- Announcement of capital raise - 60-90 days from now?
- Commissioning of some infrastructure - 90 to 120 days from now?
- Initial sampling results - 120-180 days from now.
A few entry /exit points coming up. Id bee selling at anything above 5 and buying again below 3.5 ( its certain to get there or below) Happy trading
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Likely he will be forced to the market. A strategic investor...
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Last
3.7¢ |
Change
-0.003(7.50%) |
Mkt cap ! $7.825M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.7¢ | $297 | 8.015K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13300 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 17278 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13300 | 0.040 |
1 | 100 | 0.039 |
1 | 129999 | 0.037 |
1 | 8000 | 0.036 |
2 | 128286 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 17278 | 1 |
0.047 | 15000 | 1 |
0.050 | 165000 | 2 |
0.056 | 20000 | 1 |
0.070 | 30000 | 1 |
Last trade - 10.04am 09/07/2024 (20 minute delay) ? |
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