Those selling at open must have read "how not to make money on the stock market".
There is a lack of asks up to 58c and this will bounce IMHO -with support building around the low 50c.
It will also bounce further on release of the next diamond drill news I think.
It's hard to look at a share price depreciate and not see your wealth disappearing, but low volume is not the best indicator of a companies intrinsic value IMHO.
I guess none of us know for sure, but I will be looking to top up when I can.
Cheers,
SJB
Panic Open? Good time to top up!.
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $15.68M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $1.974K | 197.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2641773 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 216443 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |