BKT looks promising - but I am still concerned about investing in it. This stock is currently struggling to maintain 18.5, which is almost around 15% down from its five day high. Its 3 month pattern looks almost identical to other graphite companies, which have, one after the other, suffered price crashes, starting with SYR and MNS, and most recently with VRC.
This stock is in the tough position of having almost every holder as a paper profit holder so far. If this stock starts to follow the same sell pattern as the other major graphite holders in recent days, what's to stop everyone from stampeding to lock in profits, and collapsing the SP?
BKT is staying firm, page-16
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Last
3.5¢ |
Change
-0.003(7.89%) |
Mkt cap ! $66.35M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.3¢ | $127.0K | 3.565M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 158893 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 199145 | 1 |
View Market Depth
| Last trade - 15.50pm 03/12/2024 (20 minute delay) ? |
| BKT (ASX) Chart |
