I wanted exposure in an emerging goldie and ended up buying on the closing auction today.
There seems to be a pretty determined seller(s) today taking advantage of the reasonably strong volume.
Love the technicals. With a clear double bottom at 17.7c and some bullish emerging buy signals, especially the MACD.
Fundamentally, will hopefully see further strong drilling results and in the medium term, a revised DFS. Debt free and plenty of funds raised at 30c also helps.
Not expecting a quick run here, but hopefully will continue to see a strengthening share price over the next 1-4 months.
As mentioned, an excellent takeover target as well.
Milesy
I wanted exposure in an emerging goldie and ended up buying on...
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Last
$1.49 |
Change
0.013(0.84%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.49 | $1.791M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6635 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 50038 | 35 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
