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Ann: Redmoor 2018 Resource Update, page-128

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24/04/18

16:25

Post #: 32662186
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Originally posted by Nodferatu ↑

Sure, showing a little bit more life, but it's still pretty marginal given whats going on and how cheap NAE is. We still need to find a way to increase the heartbeat and then we need to be able sustain the heart beat. The latter being our biggest challenge imo. Maybe the next ann (this week) will kick start it , or maybe it won't... We can't bank on it as all other ann's have done very little thus far.

"I think most that wanted out are well and truly gone from this one now" - I disagree, the impatient ones will have left by now but there will be a lot of sellers still waiting off-screen for when and if the big flush comes imo. They may only be smaller holders, but there will be many of these and they add up, particularly when liquidity is low. There's plenty out there that can afford to hold until they can get close to their money back, or to hold the loss until the right time comes to off-set other gains.

My hope is that we get a flush that is big enough to remove all the stale retail holders ( and whoever else may be hiding off-screen) so that we can carry on our merry way... we just need the volume event to allow this happen now. Once we get it, it will be much easier to move upwards.

imo

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You like to point out negatives on this one for some reason?

There are so many positives coming in at the moment that you should be posting about, it would be good to see more of that from you.

This is exactly how it all started last run up to 4c. Interest built, new faces, good news and it took off, from barely a heart beat. Liquidity didn't stay low for long, nor will it again when we kick off, and I might add, the path this time is to production, not just based on high Coal prices...

Imo pointing out a likely volume event only serves to make more holders jump on board that in turn makes a failed breakout more likely.

NAE Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.001(12.5%)		Mkt cap ! $7.175M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$4.5K	1M

Buyers (Bids)

No.	Vol.	Price($)
34	18893837	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	12496705	7

View Market Depth

No.	Vol.	Price($)
2	2200000	0.006
9	8299899	0.005
6	3650000	0.004
3	2622888	0.003
3	4000100	0.002

Price($)	Vol.	No.
0.007	2536904	6
0.008	3066187	5
0.009	1057001	6
0.010	5904545	3
0.011	500000	1

Last trade - 10.26am 22/11/2024 (20 minute delay)

NAE (ASX) Chart

Ann: Redmoor 2018 Resource Update, page-128

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Ann: Redmoor 2018 Resource Update, page-128

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To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News