Hiya Cand1e, Yep, the share price for the time being has decoupled from the developments, but that is to be expected with the unknowns.
The speculative mining end of town is taking a bit of heat in various quarters at this point, but that is part of the cycles that occur. There are one hellava lot of shareholders in this company and it only takes a pocket of them to drive the share price down.
Having said that the recent trading volume is peanuts in terms of when the action happens. Today was 5m odd which is piddly when you consider this stock can turnover 125m in one day.
Good news will belt the share price in new territory, the current demise is ideal for those with the balls to follow their own belief and top up.
There are a lot of very positive pointers to suggest this story is only just beginning.
Next week, page-33
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Last
16.5¢ |
Change
-0.010(5.71%) |
Mkt cap ! $328.3M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $1.431M | 8.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1560756 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 209433 | 6 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.010 ( 2.86 %) |
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| Open | High | Low | Volume | ||
| 17.5¢ | 17.8¢ | 16.8¢ | 2025960 | ||
| Last updated 15.58pm 13/06/2024 ? | |||||
| MEI (ASX) Chart |