Just have to wait for the volume to drop off. There's been some trapped holders since last placement that may take the opportunity to get out. Day traders that came in on Friday need to be cleaned out. Once the volume dissipates and the register becomes tight again it'll be free to stretch its legs.
Meetings all week with big fish oilers. $15m is chump change to these guys in this oil market. Most are printing money at current POO which has been forecast to go higher. Exploration at it's highest level in years.
Risk/reward here is good.
Ann: Idris Prospective Resources Significantly Increased, page-30
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 (20min delay)
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.532M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1219659 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 900393 | 3 |
View Market Depth
| Last trade - 16.12pm 19/11/2024 (20 minute delay) ? |
| IPB (ASX) Chart |
Day chart unavailable
