It is an endless cycle:
1) Share price consolidation at 1 cent
2) REE exploration announcement to hype up the market, especially retail.
3) People accumulated at 1 cent sold out at 30-100%+ profit
4) Capital raise at steep discount after exploration announcement hype.
5) Momentum vanished and share price drops back to 1 cent.
6) New cycle continues. Management gets paid big bucks and company remains as a bottom tier ASX exploration stock.
Where have all the pumpers gone, page-154
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $19.64K | 2.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 7471772 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 6569228 | 18 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.9¢ | 0.8¢ | 50000 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| AUZ (ASX) Chart |