after wednesday's large run up I thought POL would remain fairly quiet running into the weekend, but some larger buy orders have been going through over the last hour or so.
It seems with truckloads of cash flowing into the iron ore sector a few more are waking up to the potential of POL.
I don't know what others think but there maybe some day traders moving from one iron ore junior to the next taking profits and re-investing.
Also not that much left back up to the all time high of 45c, the shares have been slowly churning through the selling resistance in the low 40 cents.
Anyway we must be getting fairly close now to the release of the Goldsworthy Iron Ore drill results and one thing is for sure if they have hit anything POL shares will certainly enjoy the benefits.
joing the iron ore party
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.69M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 24.5¢ | $43.51K | 172.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18163 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 40001 | 1 |
View Market Depth
| Last trade - 15.49pm 13/09/2024 (20 minute delay) ? |
| POL (ASX) Chart |