The recent high was around 16c back in March - perhaps overshot at the time and retreated substantially since. No one likes to pay 16c and within a short period see it trade at a bit over 7c - can it fall further - yes - but I'm guessing that the recent highs will be breached at some not too distant point - and as I see it, that point should come once project financing is finalized with binding offtake agreements.
Whilst it's currently down, I'm also guessing that longer term it will be a thing of the past subject to hurdles been overcome. On that basis if it retests 16c it already is more than doubled current price - that in itself is a nice return. Those who paid 16c have a chance to average down.
If you can get it even cheaper in the next little while - well and good - the more the puzzle pieces fit going forward, the less likely for that to happen. AIMHO.
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Last
9.8¢ |
Change
0.005(5.38%) |
Mkt cap ! $249.0M |
Open | High | Low | Value | Volume |
9.5¢ | 10.0¢ | 9.3¢ | $831.2K | 8.461M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25900 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.098 |
2 | 200459 | 0.097 |
2 | 311984 | 0.096 |
2 | 197316 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 100000 | 1 |
0.105 | 907850 | 16 |
0.110 | 416458 | 12 |
0.115 | 434777 | 8 |
0.120 | 2135199 | 13 |
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