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ITM

4.11%

7.0¢ itech minerals ltd

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Buckaroo737

3,537 Posts.

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11/07/24

09:44

Post #: 74702117
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Originally posted by ChasingProfits: ↑

I wouldn’t say I am happy by any means, I am still down on my investment and I have a significant holding here. With that said this is a long term investment for me, 3-5 year holding period at a minimum depending on what evidently transpires over that time. A lot can change over that period but I keep a core holding period at all times unless I am dissatisfied with how management are running our company. I am comfortable that Mike and the team are doing the best they can in this difficult environment in terms of commodity pricing. I am looking forward to receiving further rock chip results soon, high grade copper would be welcomed.

I trust that this management team will spend the investor dollars wisely and they are aligned with shareholder objectives, that is all I can ask for. They are interested in making an economic discovery and progressing projects. I wouldn’t have averaged down unless I was comfortable with the projects and management team. Apart from the share price not being where I want it (Which is outside managements control at times as they don’t control the direction commodities fluctuate in) I am happy they are moving the business forward while being prudent with shareholders funds. The majority of resource stocks have been hammered over the past year (some rightfully so, others I see as long term opportunities). I could turn out to be wrong here in my assessment of value (hopefully not) but it’s called investing for a reason. Cheers, CP

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Do you usually trade your winners to buy more, or just use a bit of your main income?

ITM Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change -0.003(4.11%)		Mkt cap ! $11.95M

Open	High	Low	Value	Volume
7.1¢	7.1¢	7.0¢	$28.23K	400.6K

Buyers (Bids)

No.	Vol.	Price($)
3	123144	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	98670	1

View Market Depth

No.	Vol.	Price($)
2	114449	0.069
3	179140	0.068
3	200500	0.067
1	300000	0.066
2	55000	0.065

Price($)	Vol.	No.
0.070	98670	1
0.072	30610	1
0.075	11000	1
0.077	30000	1
0.078	54808	2

Last trade - 14.15pm 11/10/2024 (20 minute delay)

ITM (ASX) Chart

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ITM Megathread, page-1076

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Featured News

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Sellers (Offers)

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