I'm not really sold on accumulation of this one. I just don't think we are at levels where larger institutions would try and build a solid holding based on lack of liquidity on this stock. I could be well wrong though. If there was a lot of volume moving i would maybe agree but just not sold on that idea yet.
I just think for a stack of explorers they find their areas of resistance and support and don't move any further until they can start to present a clearer plan with regards to production, cash flow and profit.
Averages over the last 6 Months;
515k shares traded per day
$78k in value
33 trades
$2,380 per trade
.15c VWAP
I'm not really sold on accumulation of this one. I just don't...
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Last
$1.40 |
Change
0.055(4.10%) |
Mkt cap ! $3.115B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.41 | $1.36 | $9.178M | 6.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 199327 | 9 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |
