Breakout on the highest volume for 6 months.
SP half what it got to (actually over half) in November.
See page 15 of presentation where the company compare Koongie to Angus (TZN), Jaguar (JML), Laddie Ann and Copperco (CUO), and others.
These companies are valued at 10 to 20 times plus AAR.
Thats not including Victoria River Downs.
http://www.anglo.com.au/_content/documents/552.pdf
Apparently Angus did an investor roadshow recently.
I suspect lots of todays volume were investors or brokers who attended and who have waited for the bottom and for signs of a breakout.
Today, IMO, was that day.
Koongie PFS can be too far away. Heck, it was at one stage due in December?
See page 15: http://www.anglo.com.au/_content/documents/552.pdf
high volume breakout day today...going higher
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Last
10.0¢ |
Change
0.003(3.09%) |
Mkt cap ! $93.51M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 11.0¢ | 9.7¢ | $267.1K | 2.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 169111 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 302796 | 4 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| AAR (ASX) Chart |