I believe there is some manufactured trading happening to encourage us all to take up our SPP entitlement, just have a close look at the number of very small trades at $100 or less. This has to be programmed buying IMHO.
If the gold price happens to drop around the close of the issue I believe the price can easily retreat to below $1.15, just as MEP did recently.
I will be happy if I am wrong as I hold shares at a greater average price and will be happy to see them move up sharply but as always - buyer beware.
mild signs of life ?, page-7
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 (20min delay)
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Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |