I only just read the report and will try and buy some under 7 cents today. My feeling is that once the mining application (currently submitted) gets the green light this will provide further traction to the SP. I don't think a capital raising is a negative in case. The money will be used as a final stage to get the company into production. The chart looks very bullish to me even after rising on Friday out of pennant/flag formation. The RSI is looking a tad overbought but I think people are setting up positions before the stock really takes off. Think about the section in the report of a preproduction valuation of 14-40c. Well 14 at a minimum is still double current SP. My only hope is that it doesn't gap up on opening because that looks to me to be a valid and real possibility. It's still juicy at these prices.
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I only just read the report and will try and buy some under 7...
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Last
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $66.35M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.9¢ | $16.34K | 415.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 173743 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 118078 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 719300 | 0.052 |
3 | 881483 | 0.051 |
6 | 309803 | 0.050 |
1 | 1800 | 0.048 |
1 | 11111 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 142417 | 1 |
0.055 | 150000 | 1 |
0.057 | 172700 | 2 |
0.059 | 250000 | 1 |
0.060 | 100000 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
BKT (ASX) Chart |