There is not really anything to know that could drive down the SP. A CR is not needed, the deep DD under Queen Margaret has not started, and the results to date on the shallow resource are all good. The only thing I can think driving the SP down is boredom and a lack of buyers.
The positive is the SP decline has been driven by a lack of buying, not a rush of holders out the door. It won't take much buying interest to drive the SP north.
I don't mind the selling as I am still accumulating, but I do find it amazing. There are shells on the ASX with greater EV.
Ann: First Drilling at Boundary Highlights Potential of Corridor, page-15
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Last
72.5¢ |
Change
0.040(5.84%) |
Mkt cap ! $161.9M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 73.0¢ | 69.0¢ | $2.190M | 3.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 33269 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 47086 | 5 |
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| BC8 (ASX) Chart |
