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.
It is an endless cycle:1) Share price consolidation at 1 cent2)...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.18M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $5.874K | 451.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 23780989 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3593683 | 9 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |