Explain further what the pessimistic outlook is?
The SP jumped 150% on virtually open from IPO.. How can there not be a sell down??
The company is cashed up, a whole bunch of tenements in a potentially bullish U cycle with mass volume churning through.
This is all not mentioning the millions of shares locked is escrow for two years....
That to be indicates only positive signs.
I'm not saying it's a sure fire winner. But there is tremendous upside here, with even less downside after this many shares being pushed through.
Let's see what happens over the next couple of days/ weeks.
AIMHO
Explain further what the pessimistic outlook is?The SP jumped...
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80.5¢ |
Change
-0.125(13.4%) |
Mkt cap ! $30.57M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 90.0¢ | 79.5¢ | $783.3K | 936.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48014 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 5893 | 1 |
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| I88 (ASX) Chart |