Looks like some consolidation is taking place certainly with the SP the problem was it rose too quick on speculation due to the German buyers they seemed to have calmed down now and the SP has taken a dive of some 25% from its peak price in London proof that this stock goes up very quick and comes down very quick.
I have decided to sell half of my holding and will take a wait and see approach I can afford to as I bought low the charts are saying bears are in control.
I personally thought the cost cutting news was fantastic , the only explanation I have is those buying on speculation a buyout was the preferred option have now realised this will go on to full mining and don't want to wait years any other views.
Next leg up, page-5
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.22M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 133802 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 29205 | 2 |
View Market Depth
| Last trade - 16.14pm 08/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |
Day chart unavailable