Sell pressure dropped later in week and buying started coming in. IPO flippers running out of bullets. 20c should be the floor. There aren't any seed shares to worry about.
PEX holders would make up the majority of those that have heard of the stock. Once they start promoting the story I expect a bit of new interest to come in. If they can improve the grade and build the resource to 1moz then we've got ourselves a reasonable takeover target.
IPO - Saturn Metals Limited, page-16
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Last
18.0¢ |
Change
-0.020(10.0%) |
Mkt cap ! $50.33M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.0¢ | $23.68K | 128.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 89137 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 90000 | 1 |
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| Last trade - 15.50pm 17/07/2024 (20 minute delay) ? |
| STN (ASX) Chart |