My take;
They did the opposite of what LRS does, Solis over promised then under delivered. The market then overreacted twice, once as a big sell and once again as a not so big buy back.
When I say "Solis over promised", I infer that their promise was nothing more than the ambiguous suggestion there was a large lump of cheese. The market itself and the individuals in it created and spread the form of almost mass hysteria that formed the resulting bouncy line.
I suspect that this almost cultural volatility may stay with the company for a period as news comes and goes, making it a target for short term trading which could amplify more extreme MC movements.
We know there's cheese there but not how much, nor what kind.
Its been quite a ride so far, the money that must have changed hands based upon 2 drill cores would be staggering, it could be enough to purchase several tracked drill rigs lol.
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Last
16.5¢ |
Change
0.020(13.8%) |
Mkt cap ! $12.69M |
Open | High | Low | Value | Volume |
15.5¢ | 16.5¢ | 14.0¢ | $229.7K | 1.502M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14890 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 85362 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14890 | 0.165 |
1 | 7500 | 0.160 |
1 | 27629 | 0.150 |
4 | 123000 | 0.140 |
2 | 38581 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 79362 | 2 |
0.175 | 20000 | 1 |
0.180 | 6000 | 1 |
0.200 | 1150 | 1 |
0.220 | 6000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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