PEX 0.00% 11.5¢ peel mining limited

Encouraging, but once more not enough to stir the market. I...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,168 Posts.
    lightbulb Created with Sketch. 157
    Encouraging, but once more not enough to stir the market. I seriously don't think the market is that interested in this stock due to the drilling across several different prospects. As Sarg has stated it may be Robs vision to prove up 3 different mineable ore bodies. But it appears the market doesn't care too much for this approach.

    Usually a stocks price will perform best in the exploration stage. Then pull back somewhat ( sometimes substantially ) when the $$$ have to be spent on mine development. Then advance again once cash flow starts flowing. The time lag between the 1st and last stage can be significant. Despite all the drilling success the share price is not yet in lift off mode. The lack of current follow through buying is concerning imo.
    Last edited by Nijiman: 07/09/17
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $63.91M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 118500 3
View Market Depth
Last trade - 10.06am 04/12/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.