it's being absorbed, first stop 29.5 then 30.5c, huge cup and handle forming if you zoom out on daily, i can see 39c not too far off then 53 cents to complete cup depth target. I remember mgx being in a similar position, if you can hold 3-6 months , 53 cents is not that big a ask and will be still only trading around 575m mc and a p/e of 5x , so plenty of upside is not unrealistic.
it's being absorbed, first stop 29.5 then 30.5c, huge cup and...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $278.0K | 895.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 189510 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 133140 | 21 |
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| Last trade - 11.42am 08/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |