Nothing goes up in a straight line people - in 18 trading sessions, the share price has almost doubled. That's a pretty decent return for those who got in at 11.5c on the day of the first gas shows.
I would much rather see the share price now consolidate for a week before moving back up. The more toppy the chart gets, the bigger the fall will be and that means more of you complaining about a potentially terrific stock.
Primary support is at $0.16 with secondary support @ $0.185 - I doubt we will see primary support tested - if Wiebernek is a duster, this may well happen. Leading up to the Weekly drilling report next thurs, i would expect the share price to honour the secondary support level.
I hold
Marchello
support
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Last
22.3¢ |
Change
0.003(1.14%) |
Mkt cap ! $636.5M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $1.116M | 4.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 2231839 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1053762 | 63 |
View Market Depth
| Last trade - 12.01pm 09/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |