Suggest it will consolidate around current levels before continuing to rise. The stock has risen v. strongly. It is not cheap, but the BHP deal seems good and US investor interest should help (do a search for my posts if you want - I have written before on this stock).
Trouble-free startup in Indonesia is key - that will help the price + get more deals.
There is some stock coming out of escrow soon, which may put a dampner on the price (if it is sold into the market).
I think Fat Prophets suck - they are way too indiscrimiate (i.e. some of their recs are great, but a lot are lousy). Everyone has some winners and some losers thought .... recommend you check out Invest4Profit.
(disclosure: I subscribe to I4P but have no other association with them).
DYOR.
fatprophets, page-2
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.163M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18400 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 136420 | 1 |
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| Last trade - 16.21pm 14/06/2024 (20 minute delay) ? |
| WEC (ASX) Chart |
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