ANX 13.0% 2.0¢ anax metals limited

I have spoken with the company earlier in the week and am told...

  1. 1,464 Posts.
    lightbulb Created with Sketch. 184
    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.
 
watchlist Created with Sketch. Add ANX (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
ANX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.