I don't think we should understate the significance of that 16c resistance. Since INL listed it has only closed above that mark 3 times and that was in the first three days of trading. Since this time it has tried to break through it 11 times and has never managed to close above it. It will take an almighty effort to get a close above it, maybe in the order of 10-15 million volume.
On the fundamental side, we have never been closer to the cash rolling in, we have the highest zinc price in nearly a century and we have a management team that look to be doing all the right things.
This will close above 16c, there is no doubt about that. If it this week or the next it doesn't really matter, but once it does it will alert many traders who will help push it up where it belongs and we will get that rerating we have been waiting for.
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $89.20M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 46.5¢ | $60.03K | 128.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45123 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 23621 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45123 | 0.465 |
2 | 102197 | 0.450 |
2 | 105235 | 0.420 |
1 | 4500 | 0.415 |
4 | 36126 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 23621 | 1 |
0.475 | 25000 | 1 |
0.480 | 25000 | 1 |
0.495 | 43156 | 2 |
0.500 | 20000 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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