KRR 0.00% 1.0¢ king river resources limited

Glad to see some buying interest come in at 4.8c yesterday after...

  1. 1,503 Posts.
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    Glad to see some buying interest come in at 4.8c yesterday after breaking the long-term trend line around 5.1c.

    Not many technical levels to rely on down here and would hope to see a return to at least 5.1c today given we see some more subdued selling pressure. Hopefully this sub-holder has found his exit.

    Yesterdays volume was 50% greater than the previous days volume yet the share price fell by 40% less than it did the previous day (less reward for effort) . This implies that the increase in supply was being absorbed/accumulated at these prices. Which is what we want to see.

    A sub-holder of another company I had owned had to sell his position in order to pay for his divorce settlement, and the SP of this particular stock took a massive hit. These are the kinds of things that can happen in the market and one has to assess the fundamentals and make a judgement call.

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    Vanadium outlook continues to improve on a daily basis, with the spot price of vanadium pentoxide flake also on the move again.

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Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $15.28M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $5.463K 546.2K

Buyers (Bids)

No. Vol. Price($)
22 9525277 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 157358 3
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Last trade - 10.42am 11/11/2024 (20 minute delay) ?
KRR (ASX) Chart
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