Don't stress, for a dump there needs to be a pump. And due to the large amounts of inactivity on this stock over the last 12 months, we haven't really seen a pump or sizeable accumulation of stock. So there won't be a significant dump.
Not until it has a good bull run, with significant amounts of volume being accumulated by day trading/short term investors.
The most reasonable time to dump would be right before the drill. So it doesn't make sense to dump it on the news of approval.
Approval means that we are now in a larger conversation as the rest of the market starts to catch wind of the potential pay offs. That should push up trading volume and make our stock more liquid, and allow long term holders to sell and let new investors in to the company to fund it's drilling operations.
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Don't stress, for a dump there needs to be a pump. And due to...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.50M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $1.211K | 69.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 693477 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 291578 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 693477 | 0.017 |
13 | 1740969 | 0.016 |
10 | 746999 | 0.015 |
2 | 1200000 | 0.014 |
2 | 310098 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 291578 | 6 |
0.019 | 1161742 | 6 |
0.020 | 3184066 | 16 |
0.021 | 2463547 | 10 |
0.022 | 824000 | 4 |
Last trade - 12.17pm 31/07/2024 (20 minute delay) ? |
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