The simple answer is more demand volume in the arvo at 4pm ish (don't know who of course), and built on thereafter (maybe as people turned from other li to AJM which was on the cheaper side of consolidation range). But the consolidation at this level has been good IMO. I expect it to go into the 50-55 range and reasonable chance of that this week IMO. I think most of us on here have fairly similar price expectations for AJM by Mar 18, eoy 18 and 19. Just need to let AJM do its thing.
Next 6 weeks will be interesting - my most probable scenario is that AJM will get a major price boost, as will TAW from the "glory" that comes with being the 2018 producers! (sorry I have to hold back my excitement when typing, to these more measured words) That said, commissioning may be played by the market and may need to hold tight during that time.
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Open | High | Low | Value | Volume |
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4 | 442761 | 0.029 |
1 | 10000 | 0.028 |
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Price($) | Vol. | No. |
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0.034 | 333567 | 5 |
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