@Spaghettolo, the Fib retracement levels show 0.046c as the lower 0.236% retracement level, so if Volume Profile also shows strong support around 0.037 - 0.045 then I'd hazard a guess that 0.045 - 0.046 will be a very important support zone. Unless we see a wider market sell off then I can't see us breaking below that area.
Obviously I'd much rather see the price going upwards but on the flip side if we do end up getting down around 0.045 - 0.046 (or lower) then I'll be freeing up cash and adding more without a doubt. With the size of the NPV and small market cap, the small CAPEX requirement and the fact that funding may potentially be non dilutive then this is a no brainer. It has to be one of the lowest risk vs reward mining developments on the ASX.
- Forums
- ASX - By Stock
- Wake up sleep bueaty
@Spaghettolo, the Fib retracement levels show 0.046c as the...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $46.71M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.4¢ | $57.47K | 1.045M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 495652 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 495652 | 0.054 |
3 | 165000 | 0.053 |
5 | 185230 | 0.052 |
4 | 617640 | 0.051 |
9 | 504600 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 384000 | 1 |
0.058 | 494309 | 5 |
0.059 | 125000 | 4 |
0.060 | 25000 | 2 |
0.063 | 75000 | 3 |
Last trade - 14.53pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
5.6¢ |
  |
Change
-0.002 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
5.6¢ | 5.7¢ | 5.4¢ | 460453 | ||
Last updated 14.57pm 06/05/2024 ? |
Featured News
MNB (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online