Here Here Werley.
This is the start, its an absolute bargain at anything below 30c and has been for quite some time (even though the market deemed contrary).
There isn't going to be the mass of sales of 13.5c shares, there really wasn't that many that went into day traders hands. They were institutional buyers taking advantage of the big overhang that was available.
That said consolidation from here to 40c will be a lot less than we have experienced over the last few years. The 15c 20c 25c 30c hovers for weeks on end upwards will be broken rapidly.
Lets face it this is short term 60c with good grades, lower costs and a good outcome from the extensive drilling taking place. The market will wake up from here and understand that this is to become a mid tier miner rapidly and without dilution.
Profit margins alone on 3000 tonne throughput will see this through to 40c.
Everything else is blue sky mining to phrase a pun.
A CERTAINTY IF EVER I SAW ONE.
ALMOST FULLY INVESTED IN TMR.
- Forums
- ASX - By Stock
- SMM
- mass sellers have dissapeard folks
mass sellers have dissapeard folks, page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMM (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 6178578 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2443631 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 6178578 | 0.003 |
20 | 17414166 | 0.002 |
15 | 41300203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 2443631 | 4 |
0.005 | 8565116 | 14 |
0.006 | 4359766 | 7 |
0.007 | 3478571 | 5 |
0.008 | 1000000 | 1 |
Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
Featured News
SMM (ASX) Chart |
Day chart unavailable