Colcom!
I feel the same too. Could be due to a lot of things & volume is not extremely big to get good confirmation. But consider we moved from 1.8c to 2.9c very quickly, we speed without getting pull over by police... not yet & no annoucement. Looks like Chief Wiggum from the Simpsons is sleeping on the job again.
Interesting in short period of time today, 1m+ volume went through at 2.6c. My question is not so much the buyers, but why sellers 'know' to place many sell orders at exactly 2.6c for buyers to mop up?
Those sell orders all placed at exactly 2.6c just before buyers bought shares, why not 2.7c? If you look at time sell orders were placed vs time buyers took up those shares, very close to each other. They must know each other or just someone is transferring between accounts.
Are those trades artificially created? And very few shares sold >2.6c still closed at 2.7c.
Anyway, I'll be happy with 5c. I bought most of my shares (several millions) at 2c and under. I do see this stock should be between 7-10c.
However, BML vs MOD ($25m mc)... if BML is above 10c without big size JORC I think it is too expensive. So, sorry to option holders, I don't see any value in options. From my experience, some holders will push sp down (ie <10c) to prevent options get exercised. I don't hold any options.
Interestingly, MOD (no holding) dropped like a stone in the ocean after they announced massive JORC in Botswana. When they first announced, sp was up strongly but now collapsed to lower than BEFORE announcement. So market does not believe their Cu-silver project will ever get mined. They also got good gold project with OGC & $5m cash. I'll keep my eyes on both BML and MOD.
Just IMHO & DYOR. It is not cross-promotion MOD. Actually, IMHO MOD will probably drop further.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.368M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
72 | 187016863 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 20836839 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
72 | 187016863 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 20836839 | 25 |
0.003 | 14885429 | 17 |
0.004 | 20291053 | 18 |
0.005 | 4104191 | 12 |
0.006 | 7843276 | 6 |
Last trade - 16.12pm 22/08/2024 (20 minute delay) ? |
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