This story is no secret and I don't think there is going to be a lot more buying because of a lot of hotcopper posts over the weekend. Imo the price will most likely consolidate between 9.5 and 11c up to assay results or commencement of drilling. I think the company will announce assays before starting any further drilling.
The price is pretty much out of the control of retail investors/traders to be honest.
If the assays are good then the market cap should double, if no good then it may halve. If amazing then we should see a much bigger run, especially if supported by an ongoing drilling campaign.
how will we open this morning?, page-7
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $4.052M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $1.635K | 310K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1670552 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1541940 | 4 |
View Market Depth
| Last trade - 10.07am 11/09/2024 (20 minute delay) ? |
| ICG (ASX) Chart |