Perhaps we need to look at it from another prespective, if THX found nothing would they have performed that much worse. RDM dropped from 18 cents to 14.5 cents yesterday because they missed the target by 50 metres. Yes THX has over a $60m plus Market Cap & expectations on results were high but given their announcement the game is far from over. Short term speculation always carries additional risks & today the tree has been shaken & some of the lightweight holders have departed with losses. THX has the money to continue this exploration so expect more fluctuations in the share price over the short to medium term.
Regards
Buffett
Impressive Results, page-9
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $39.27M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $3.09K | 611.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 27808189 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 25739405 | 22 |
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| Last trade - 14.46pm 15/07/2024 (20 minute delay) ? |
| OAU (ASX) Chart |