Aye, history suggests a SP will drop to and below the CR price, presenting an opportunity for those who mightn't have had funds during the issue, or for new investors to buy at bargain basement prices. Further, it gives rise to traders attempting to make a quick pip profit, as witnessed over the last few weeks.
Interesting little mining stock for me - it'll be hit or miss, yet I'm comfortable with my parcel at present. Thanks for the informative posts regarding the geology and mechanisms in which the company operates, it's mostly over my head (I'm more used to healthcare and clinical trials) so the information garnered from posters is highly valued and welcome.
Looking forward to being Thunderstruck with this company. Best of luck to all holders.
Aye, history suggests a SP will drop to and below the CR price,...
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $24.44K | 4.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 21331144 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 29836058 | 30 |
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| Last trade - 15.30pm 16/08/2024 (20 minute delay) ? |
| OAU (ASX) Chart |