EXR 0.00% 11.0¢ elixir energy limited

Nothing much happening in an otherwise retreating market....

  1. 1,886 Posts.
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    Nothing much happening in an otherwise retreating market. Significantly decreased volume, and ASX as a percentage higher than usual which still suggests retail movements. VWAP rose significantly even if the share price didn't.

    My belief is support is still very brittle and the price is being supported by current holders increasing their holdings. The selling has definitely decreased so equilibrium has been reached and the next movement will be dictated by the results. We need clarity around what is going on with the Green Hydrogen project - what exactly is the strategy? What is exactly is the strategy with Queensland? I've always been clear on the Mongolia strategy - maximise then sell the resource - which is done by drilling - and not one drill have we seen this year, or even the plans for said drilling (outside of the pilot).

    Huge potential, so I continue to hold. Clarify strategy, execute tactics and the price will follow, but get on with it.

    https://hotcopper.com.au/data/attachments/5304/5304967-effeeff092df209fa03cfd178bf02bd4.jpg
 
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Last
11.0¢
Change
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Mkt cap ! $124.7M
Open High Low Value Volume
11.0¢ 12.0¢ 11.0¢ $115.8K 1.025M

Buyers (Bids)

No. Vol. Price($)
21 862431 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 476767 10
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
11.5¢
  Change
0.000 ( 4.55 %)
Open High Low Volume
11.3¢ 11.5¢ 11.0¢ 693132
Last updated 15.59pm 16/05/2024 ?
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