The problem with trying to trade it is that it might run away from you. Based on todays action, solely from a technicals point of view, it looks very solid. It has convincingly broken through old highs on huge volume and closed at its high after a period of consolidation - you cant get any better than that.
Meanwhile drilling results are due in April and they continue to produce gold while it is trading at multi year highs and its unhedged.
I'm not saying it wont get back down to 9.5c but the momentum is clearly the other way...
well and truly a breakout!, page-7
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $15.48M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $91.62K | 8.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8006682 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 9126003 | 5 |
View Market Depth
| Last trade - 14.50pm 02/09/2024 (20 minute delay) ? |
| EXT (ASX) Chart |