SPX 9.09% 1.0¢ spenda limited

Can't be far off now...The stock has held well in the recent...

  1. 15,276 Posts.
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    Can't be far off now...

    The stock has held well in the recent news void and delay to the start of drilling.

    With the low-volumes and apparent lack of interest in selling large lines at current levels, good news should see a sellers market develop.

    Same goes in the oposite direction if the news is bad mind you.

    If you are not in if/when they release news...there will be no way to get in or out pushing the stock a significant distance in the direction of your interest.

    Three approaches...

    1. Buy in before drilling and enjoy the cheap entry;
    2. Buy in after drilling commences but before results - a bet each way and;
    3. Buy in after results and be prepared to pay a premium.

    Here hoping SPX will be a star performer this year.

    Cheers!
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $47.56M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $49.25K 4.933M

Buyers (Bids)

No. Vol. Price($)
20 10613039 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 482641 1
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
SPX (ASX) Chart
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