I just find you all so inviting!
Did you know that when this stock listed on the 8th Feb 2021 it opened at .195 cents, the next day it went to 24 cents and since then it's only been higher than 24 cents 3 times on a news events and sold off harshly immediately.
Anyone talking about this stock as an investment is delusional. Here's why.
Below is the stocks entire history. Look at every large spike and look at everyone running for the doors immediately after in a dash to get their money back. As the SP is less then a third of its all time highs, it means that the register is full of trapped supply. So it's not hard to guess what's going to happen next time it spikes. That ain't no investment, the die has been cast. Sorry but that's just the way it is.
Don't let anyone fool you with their long term holds garbage, this isn't a producer and based on the history of most micro explorers it may never be.
Now zooming in there's a clear support zone and it's a level where I think a CR took place. That level should hold. There's a rather strong level of resistance at .125. If it ever spikes above that you're going to see a lot of trapped supply flooding in. The hit and miss world of specky explorers will kill most portfolios if profits aren't taken on spikes. I'm sure most here can relate to that. I sure found out the hard way a long time ago. Micro explorers aren't investment stocks.
Cheers
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OZM
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7.1¢

I just find you all so inviting! Did you know that when this...
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Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $16.26M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.0¢ | $41.13K | 583.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15115 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 23112 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15115 | 0.071 |
6 | 217492 | 0.070 |
2 | 19500 | 0.068 |
4 | 55260 | 0.065 |
1 | 40934 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 23112 | 2 |
0.073 | 45528 | 2 |
0.074 | 36926 | 2 |
0.078 | 64307 | 2 |
0.080 | 48288 | 1 |
Last trade - 15.09pm 16/06/2025 (20 minute delay) ? |
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OZM (ASX) Chart |