Hi Gammy,
I see that ZNC jumped 56% from .125 to .195 over the course of 50 trades valued at $80K. They have since dropped back to .165 over 5 trades worth $6K. I wouldn’t be surprised if it ends the day even lower. It appears to me we just need someone with conviction (looking at you insiders) to spend a penny or two and invest back in the company to stop the drop we are seeing. Clearly the strategy for whoever is buying is working, as people are handing over their shares at rock bottom prices. I wish I had the money available to average down here
As far as I can see there is 12 months or so of money in the bank, and projects to sell if more money is needed (such as Western Queen), so I don’t see the company going under anytime soon.
Pogologolops
Rumble General, page-438
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 (20min delay)
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.38M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.5¢ | 4.3¢ | $115.3K | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1590945 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RTR (ASX) Chart |