ICG 12.5% 0.7¢ inca minerals limited

Apologies I should have explained that short - mid term 5.4c...

  1. 655 Posts.
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    Apologies I should have explained that short - mid term 5.4c target of mine

    It's traded a couple days in the last 3 months at 3-3.1c (21day moving average 3.7c) (5 day 3.3c) so this is just impatient sellers not profit takers IMO

    It drifted down like this a few weeks back end of March on low volume to 2.9c then ran up to 4c, the placement was heavily oversubscribed so gotta ask yourself is this just the shakeout for those that missed out to get set before the real gains/news?

    around 55mill gone through above 3.5c since placement so would have churned through a few already

    will no doubt be some volume breaking even around 3.5c but with news and the 100mill+ volume this stock can generate on the right exposure and grades in a couple months I think we will have a real chance of retesting the 5.4c high of March 11


 
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Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $5.633M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $1.508K 204.7K

Buyers (Bids)

No. Vol. Price($)
3 1141300 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1602291 4
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Last trade - 14.13pm 24/06/2024 (20 minute delay) ?
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