Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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why I'm bullish RNX, page-4
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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ShareIn the meantime , you can read this bit of research ......and NOT just pumping of raping. Just plain factual information and observations you can make your own assessments on.I think the almost better indicator is to look to the seemingly timely and coincidental recapitalization of the long suspended Comet Resources and its proposed acquisition of GLENCORE's Mt Margaret copper tenements package.So not only did they ( Comet ) announce this around a month earlier than on DEX did on the 16th September 2022 with their Tru North including the Exco's previous Round Oak tenements package - , there is obviously a lot of OTHER similarities in timing and even more important concurrent issues like those of the interesting ' associations ' which seemingly are ' bubbling ' away in the background of the Queensland Copper and mining Industry and Australia's ' Copper Royalty '.......So we know that the timings are interesting on the front end because BOTH of these other proposed acquisitions and capitalizations occurred within a month of each other.And through these TWO deals , we also know that any subsequent decision vis a vis shareholder approval or prospectus timings in regards Comet is set to be decided upon by around April 2023...... We also know that GLENCORE made an out of left field decision to rather graciously ' excise ' 100% of the Mongoose tenement to Renegade outside of the existing terms of their 75 / 25% Carpentaria JV .So one has to ask why did they do this ? And why did they do it while these other TWO proposed deals are seemingly hung up in their own bureaucratic red tape processes with the ASX. I would say because its ' Advantageous ' for Renegade right .....And so we know that GLENCORE is involved in at least TWO of these THREE Queensland Copper posturings THREE if you count the fact of the association of the Round Oak tenements to that of the also formerly held EXCO.But most importantly I see this additional ' Recapitalization ' of Comet Resources. being Pivotal with to Glencore's obvious intentions to both elevate and leverage a gratuitous re-rate for RNX as well.......
And this is the ' Angle ' that I am coming from at the present moment with regards to an Investment in RNX.
And I say ' Gratuitous ' because if BOTH Comet' Mt Margaret package through MIM, and DEE's True North Copper deal which are valued at circa A$56 odd million and circa A$59.1 million respectively. Then when they ultimately come on stream in April & May , wouldn't it then make more sense for them that RNX DOESN'T crash and burn and potentially drag down these TWO seemingly well planned and timely re-listings would it......And I don't think these valuations which are indeed very close to each other in ' Valuation ' are by just a mere coincidence.So gets even more interesting when you look closer at the recapitalisation valuation of the Comet Resources deal because not only is Glencore lending Comet $27 million for 3 years to assist in NOT diluting its proposed raising further and to assist it in satisfying a big part of the upfront environmental bond liability of A$32,341.20. So effectively Comet will issue A$27 million shares in the IPO at 20.0 cents and only now need apply the difference of their Glencore loan and the bond out of the proceeds raised.Glencore's A$27 million 3 year loan interest will accrue based on the current bank bill swap rate + 900 basis points and will be secured by first ranking security over ALL MMM's ( Mt Isa Mines - subsidiary of Glencore ) , and Comets assets.Glencore will also receive for its undertaking to Comet a 2% Gold , Copper & Silver 2% net smelter royalty for the life of the Mt Margaret Mine as well as 10 million 5 year from time of issue 30.0 cent options issued to Mt Isa Mines.So it's definitely worth having a look their proposed prospectus with almost 49% of the proceeds raised being applied to Glencore's loan interest , the projects environmental bond , and the Qld offset surety , with around 34.5% left for expenditures on existing project , new projects , and working capital and the remaining 16.9% on expenses of the raising and stamp duties.So Comet is forecasting to re-list on the ASX on 13th April with DEX holding its shareholders approval meeting in April with a lifting of suspension likely for sometime in May......and now Renegade with its Singapore conference planned for April as well. So it ALL seems very well planned indeed. Now ALL renegade needs to do is ratchet up and appropriately align its SP and valuation off the back of some highly expected good copper and gold results.And what I particularly like about these THREE deals ( including Renegades excise of its Mongoose claim approved by Glencore ) is this :- a.) ALL three of these deals stem back to parcels previously owned by Exco and which transacted like I said in my previous post for many hundreds of millions of dollars 7 or 8 years ago in a previous bullish ' Copper ' cycle.and b.) with respects to the Comet Resources Mt Margaret copper acquisition , if you research into it , it had $124 million on previous project development and infrastructure by Xstrata when it acquired it from Exco in 2011 for $175 million. Mining then commenced in 2012 and shortly after that , Xstrata was acquired by Glencore on May 2nd 2013 which subsequently shuttered the mine in 2014 as copper went into a bear market and has been on care & maintenance ever since.So you can see from ALL of this , that it would be in not only Renegades interests ....but ALSO Glencore's interests to have a ' Robust ' lead up to BOTH these other Copper acquisitions , recapitalizations , and re-listings.Ok , so moving on from all that project analysis and convenient timings . What I find almost more interesting is when you look into the movements and composition of Renegades' TOP 20 holders and how some of this fits rather conveniently into the timings of the earlier announcements of these TWO acquisitions of Comet Resources ( September 2022 ) and DEX ( October - Nov 2022 ) .So then when you look back to the RNX substantial shareholder notice of 28th October which highlights the change being made on wait for it.......the 17th October or virtually the exact date of when DEX CONFIRMED that it was in TALKS with FOUR potential deals concerning a ' Portfolio of Copper Assets ' which didn't become known until 28th February 2023 when the actual acquisition of TNC acquisition ( True North ) and its Round Oak tenements including Taipan and Great Australian actually became known.So this ' Substantial Holder ' was really effectively taking a punt that it had something to do with Renegade. Because if you look at their increase in holdings of 14,400,000 shares , you can pretty much reconcile the amount ( less 200,000 shares ) which were purchased between the dates of 7th October and 17th October being the trading halt of DEX.So then when you look closer at this substantial shareholder move, it becomes even more intriguing because this holder ends up being none other than the Chairman of another Western Australia mining outfit SI6 Metals Limited Mr. Patrick John Volpe.So he is the largest shareholder in SI6 with 10.27% with Discovex Resources Limited interestingly being their ( SI6's ) 2nd largest shareholder with 2.75%.The bit I find revealing about this Discoex connection short of anything else from I can find from the Volpe in connection , is that Discovex's primary and most marketable asset would have to be its connection to CNB's Greater Dutchess Queensland copper discovery with its ( Discovex's ) 17.5% free carried position on decision to mine and where CNB if they want this interest , Discovex can insist its 17.5% be obtained at ' market value ' . Should CNB forgo its first right , Discovex can dilute its 17.5% to 5% whereby it automatically would receive 5% calculated on market value from CNB.So I really think this connection of Patrick John Volpe with his increase from holding 37,100,000 to 55,500,000 PLUS his connection through one of his Top 20 holders being Discovex is ALL ABOUT THE COPPER speculation going on in Queensland.So then if you start looking closer into Renegades Top 20 holders like I have , you begin to see a bigger picture when you see that many of the holders are like reading the Who's Who of Australia's Mining prospectors and boutique stock brokers.So after Volple who would effectively be our N EW No. 1 holder now ahead of our own Director Mark Wallace's Sierra Whiskey Pty Limited , you've got Mark Trent who is the Senior Advisor at Dolphin Partners who had also done an 11 year stint as private client advisor at Paterson Securities Limited as well as Terrain Securities , Gillon Securities , and Bell Securities before that. He of course is Renegades 4th Largest shareholder at 21st September 2022 with a holding balance of 25 million or 2.81%.We then have Michael Zollo sitting in 5th or 6th position who is at Baker Young as an equity advisor and before that was at Taylor Collison Stock Brokers . He's got 22 million or 2.47%.After Michael we have Zabina Minerals who's owned by none other than Western Australia's renowned and illustrious prospector Scott Wilson who has had years of experience in identifying quality projects including the Andy Well discoveries through Doray Minerals halcyon days back in 2009.We also have the Partner and founder of Richfield Capital Management L,P Robert Ellis . Richfield of course are a boutique asset manager , hedge fund and commodities trader where prior to Roberts 18 year 5 months at Richfield as Managing Partner was Vice President at Goldman Sachs for 4 years and 3 months from May 1989 to July 1993. And we know how ' Bullish ' Goldman's is on Copper plays so no doubt he would have a lot of remaining contacts with them as well.Then if the Grant Michael Goberts is the same Michael Roberts Geologist who heads up the Geophysical ' Groundsearch International ' then he is the Top 20 holding sitting in equal 17th spot with TWO others including Gecko Resources Pty Ltd with 10 million shares each and 1.12%Gecko is an intriguing one because there is not much on who owns it until you do a proper search. But when you do , you find that it is under the control of a Mr John Santul who is another Geologist and is a Consultant for Institutional sales and Metals Mining research Argonaut Corporate Finance and Stock Broking and who was formerly Associate Director of Macquaries Global Resources Team where he was involved in numerous roles.And After Gecko we have our very own Robert Kirtlan with his Ark Securities & Investments Pty Ltd with his mere 8,014,285 shares for point 9 of a percent of the Company.So I guess from ALL of this analysis one could be forgiven for getting a feel here that the Mongoose project which as you can see by the below pic is ONLY 2 parts to the WHOLE of the three tenements which conveniently SURROUND the DEX ' Round Oak ' tenements from its True North acquisition which just conveniently covers themost prospective portion of their acquisition which contains the previous Great Australian , the Taipan , and the Paddock Load pits , deposits , and previous infrastructure.And so one also has to ask why would Glencore choose to out the EPM 12597 claim tenement OUT OF the approved ' Excised ' Mongoose surrounding claims of EPM 8588. Was it because they STILL want to provide some protection to Renegade or assurance that they are still by their side when markets eventually and potentially escalate around these potential resurrected Queensland Copper plays.I guess we'll find out , but certainly the ' Risks ' on this play look better than odds of a 50 / 50 Diamonds or Duster as claimed if you do your research.Especially when you compare and factor in that the Great Australian and Taipan had been estimated with a historical JORC of 2,134,000 tonnes @1.54% Cu and .13 g/t gold for the Great Australia project and a further 1,460,000 tonnes at .80% Cu and .1 g/t gold PLUS a separate high-grade cobalt Measured, Indicated, and Inferred JORC cobalt resource containing a combined 9.15 Mt at 0.23% Co (21.20 kt Co)And the Comet Resources Mt Margaret claiming a JORC open-pit Resources of 13.0Mt at 0.78% copper and 0.24g/t gold with >95% in the Measured and Indicated categories with a near-term production potential across 2 open pits which are already pre-stripped.I guess the real question then becomes for Investors who may be looking at RNX and are interested ......is when will we , or should we expect to see ALL this play out on the SP. And that's why I guess you have to do your research. And because its NOT all about ' Twitter ' comments by the Company. -
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
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Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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0.3¢ |
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Mkt cap ! $3.865M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $9.427K | 3.142M |
Buyers (Bids)
No. | Vol. | Price($) |
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22 | 9576415 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 5026772 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 9576415 | 0.003 |
20 | 14328428 | 0.002 |
14 | 21500008 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5026772 | 7 |
0.005 | 4016000 | 5 |
0.006 | 2083493 | 6 |
0.007 | 242850 | 2 |
0.008 | 1333000 | 2 |
Last trade - 15.27pm 18/06/2025 (20 minute delay) ? |
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