Millions of shares have been bought around 20 cents. Obviously yesterday and today we have seen some profit taking of short term holders.
Not really a surprise to me. In the current market environment making 25 or more % in 1 or 2 days is not really easy.
I guess we might rebalance in the 25-30 cents range in the next 5-10 days.
In the light of upcoming news (drilling results from Kitumba, Kakozhi and the PFS) we might see a run towards 35 cents.
Good or surprisingly good results will trigger further gains.
Absolutely decisive is then the PFS. Positive outcome = 40-60 cents. Negative = back to 30
My feeling.
PS: Surprisingly excellent drilling results from Kitubma and/or from scout drilling at Kakozhi might be a game changer.....
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.1M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.4¢ | $46.05K | 1.918M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2201956 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2591280 | 5 |
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| Last trade - 10.03am 19/11/2024 (20 minute delay) ? |
| BTR (ASX) Chart |