I have spoken with the company earlier in the week and am told that the main roads are now passable and that it will be some time next week (maybe the following week) when they believe drilling can commence. I also believe downside is limited so on a risk/return basis, a few cents to the downside with perhaps 40c to the upside as the market anticipates some positive drilling results (if not from the manganese, then maybe from the copper prospects or even from DSN) makes sense.
27cps to the downside (-5%) with 40cps to the upside (40%), whilst not necessarily everything LT holders have been looking for(me!), should be enough to attract the traders into the stock.
- Forums
- ASX - By Stock
- technical chart - weekend (5-6tth march)
I have spoken with the company earlier in the week and am told...
Featured News
Add ANX (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $13.85M |
Open | High | Low | Value | Volume |
2.3¢ | 2.4¢ | 1.9¢ | $92.02K | 4.393M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1298995 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 32834 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1298995 | 0.019 |
6 | 767022 | 0.018 |
9 | 537510 | 0.017 |
2 | 600000 | 0.016 |
4 | 447733 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 32834 | 1 |
0.023 | 147124 | 1 |
0.024 | 250000 | 1 |
0.025 | 127890 | 2 |
0.026 | 145844 | 2 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
ANX (ASX) Chart |