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6.06%

3.1¢ alicanto minerals limited

AQI Chart, page-388

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Dscipline&Hrdwork

2,432 Posts.

36

17/11/16

21:07

Post #: 20702369
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Originally posted by nambo1 ↑

Gees mate, thanks. That's a big rap. Hope I don't end up leading you down the garden path.

Re price targets, I guess that would be news driven at this stage. This most recent selldown did appear a bit excessive and appeared to be off the back of the dip in the gold price. Accepting that AQI won't be producing for a while, I hold a medium to long term view of the gold price rising in the current world environment so am not too fussed regarding ST targets. I think a price around 28-30c is fair value at this stage of the company's development. News on Barrick continuing their staged farm in would be the most immediate price driver I'd guess.

I just reread what I wrote and it sounds like a politician's answer. So all good then.

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I bought it after the morning star pattern formation.
Haven't decided an exit price.
Very few shares on issue with instos buying at 29c gives me confidence.
A good news can take this past 40c. But we have to have a realistic price target.
Will see how we go over the next few days.

AQI Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.1¢		Change -0.002(6.06%)		Mkt cap ! $17.20M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.1¢	$17.03K	534.5K

Buyers (Bids)

No.	Vol.	Price($)
1	25080	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	20962	1

View Market Depth

No.	Vol.	Price($)
1	300000	0.016
2	536507	0.015
1	150000	0.014
4	564614	0.013
3	203500	0.012

Price($)	Vol.	No.
0.018	40000	1
0.019	13276	1
0.020	209964	2
0.025	136456	2
0.026	5780	1

Last trade - 15.55pm 19/11/2024 (20 minute delay)

AQI (ASX) Chart