Nah I don't think so. They announced that they're drilling Redmoor late March. That means anywhere from 1-4 weeks for assays or drilling updates from start of the phase. So it's just about timing. I'm guessing a lot of inexperienced traders bought on that drilling ann because they read what they wanted to read. In all honesty, I could get it wrong from this point as well. They could very well update the market with delays and it would get sold down further. But I'm going long on this trade and I've set my stop loss so if it doesn't work out, then I'll buy cheaper and go long again until I get it right and my win will be larger than my loss/losses.
NAE Chart, page-1273
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.76M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $121.3K | 18.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 32623890 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 5671437 | 7 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NAE (ASX) Chart |