This is my opinion and no knows for certainty what will happen, I beleive it is still a buy under 10c but it is not a trading stock you buy and hold for the 3 months or longer, this is going higher IMO over 20c if all plays out positively. Still a lot of news to come out, results for Alameda oil zone, flow test results and Zapato drilling to follow, with a bit of luck they should come good, if so I expecting a share price plus 20c IMO. If I was you, I would buy under 10c and sell half once it doubles to recover your costs. Please keep in mind it will fall back or correct if the results due do not meet market expectations. I will be holding for the long term, as I beleive Block 9 has huge potential and also their other projects, this will be paying dividends one day if it plays out positively. The share market is a high risk game and nothing is certain, all stocks are risks.
May Chart, page-139
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
View Market Depth
| Last trade - 15.23pm 27/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |