Watching the trades fairly closely showed the big seller (capper) pouncing every time there was a mill or more in the buy lines.
For a while the quotes were a happy 2.4 2.5 but then 2.4 line was taken out in an instant, leaving us at 2.3 2.4 with the big seller sitting there at 2.4 with a million & 750k to sell.
What buyer is going to come in when there's that sort of an overhang? Any seller has to sell at 2.3.
We need a fundamental shift in buyer optimism - announcement of a mid year divi and/or a buyback could do the trick .....
The Argonaut research report was very good - just need the right people to read it !
At least the gold price is still doing the right thing!
Cheers !
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Watching the trades fairly closely showed the big seller...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $27.39K | 1.065M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 496127 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 268700 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 496127 | 0.026 |
7 | 1373880 | 0.025 |
6 | 1227499 | 0.024 |
1 | 45000 | 0.023 |
4 | 1440000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 268700 | 2 |
0.028 | 4154408 | 3 |
0.029 | 974093 | 4 |
0.030 | 4772087 | 17 |
0.031 | 1937026 | 6 |
Last trade - 14.06pm 16/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
  |
Change
0.000 ( 8.00 %) |
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Open | High | Low | Volume | ||
2.5¢ | 2.7¢ | 2.5¢ | 425898 | ||
Last updated 14.42pm 16/05/2024 ? |
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