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
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $279.5M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $128.7K | 1.194M |
Buyers (Bids)
No. | Vol. | Price($) |
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38 | 1137982 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.0¢ | 1048173 | 11 |
View Market Depth
No. | Vol. | Price($) |
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35 | 1080163 | 0.105 |
66 | 4607909 | 0.100 |
7 | 165060 | 0.099 |
7 | 262088 | 0.098 |
3 | 54886 | 0.097 |
Price($) | Vol. | No. |
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0.110 | 576613 | 9 |
0.115 | 633536 | 13 |
0.120 | 2750242 | 20 |
0.125 | 1077883 | 14 |
0.130 | 1566825 | 22 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
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Change
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Open | High | Low | Volume | ||
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Last updated 15.47pm 31/05/2024 ? |
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