The exceptionally low volume prior to today had me thinking that a CR is possibly on the way. I remember the same pattern in early April 2023. Anyone can check the daily chart over this period and they’ll see the tiny volume that lead into the CR.
We have a full suite of executives now (which is a good thing as it’s necessary for us to deliver a successful mine), but also comes with a hefty bill.
Important to remember that a CR doesn’t have to be a negative. April 2023 CR was priced at 10.5 which was only a 5% discount to the last close price. After the CR, the share price never went backwards and actually climbed 300%+ in the following months.
Of course the share price doesn’t go up simply because a CR is run. It takes decent news flow + recovering spot prices as we found out last year.
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Last
21.8¢ |
Change
-0.008(3.33%) |
Mkt cap ! $658.8M |
Open | High | Low | Value | Volume |
23.0¢ | 23.5¢ | 21.8¢ | $1.238M | 5.422M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 450314 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 308773 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 449869 | 0.215 |
16 | 395831 | 0.210 |
17 | 591791 | 0.205 |
20 | 589608 | 0.200 |
10 | 533660 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 312375 | 19 |
0.225 | 525765 | 23 |
0.230 | 1087127 | 11 |
0.235 | 1271141 | 20 |
0.240 | 2588548 | 21 |
Last trade - 13.38pm 30/04/2024 (20 minute delay) ? |
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Last
21.5¢ |
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Change
-0.008 ( 2.63 %) |
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Open | High | Low | Volume | ||
23.0¢ | 23.5¢ | 21.5¢ | 2189104 | ||
Last updated 13.56pm 30/04/2024 ? |
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