PEK 4.76% 11.0¢ peak rare earths limited

potential for blending peks concentrate, page-27

  1. sjl
    1,238 Posts.
    lightbulb Created with Sketch. 350
    Yeah, volume has dried up; remember, though, that it's highly likely that there are would-be sellers waiting quietly off-screen for the price to rise a cent or two. So although the lack of volume is an encouraging sign (in that people aren't selling their shares for whatever they can get), it really means diddly squat until we see actual trades start taking place. Then, too, the ultimate question is: "What would I get for my shares if I had to sell everything now?" I suspect, for most holders, that would mean pushing through the 0.43 and 0.425 lines to reach 0.420, possibly 0.415 or 0.410.

    News is the obvious catalyst for increased buying pressure; alternatively, there's the hope that the promotional tours will start getting new blood in the door.

    I'll be happy to see rises of a few cents on high volume. Rises of a few cents (or more) on low volume, not so much, because it implies fragility in the rise.
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $33.70M
Open High Low Value Volume
11.0¢ 11.3¢ 11.0¢ $163.7K 1.489M

Buyers (Bids)

No. Vol. Price($)
11 302441 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 344131 4
View Market Depth
Last trade - 15.56pm 12/11/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.