Post by
chizzles on Jul 02, 2024 10:21am
Selling Completed?
It feels like the selling might be completed. We reached a low of $0.58 last Wednesday and Thursday, but on Friday, our low was $0.60 with a high of $0.61.
Since, there have been zero shares traded on the ASX Monday and Tuesday. And today, there wasn't a large amount of shares traded on the opening (something that was happening pretty much everyday at the opening). And the little amount of shares that moved (13,240 shares), pushed the share price up to $0.61, now giving a bid of $0.61 and an ask of $0.62.
I'm hoping this is the beginning of one of those common Almonty upticks where our share price goes up quickly on little volume. But for the last time...
Or...there will be a sudden sell of 200K shares, bring the SP down to $0.57 and I'm completely wrong on everything lol.
Comment by
TechOne on Jul 02, 2024 2:58pm
Still waiting for an update of last 2 drawdowns .. I will feel much better and reassured when that happens.. FWIW
Comment by
chizzles on Jul 02, 2024 3:27pm
I think as Lewis has hinted to us, he wanted to wait until all of this (whatever it is) was complete, then will let us know on everything. This may be the start. My guess is we get a drawdown update this week, or possibly next due to the US holiday.
Comment by
TwelveBagger on Jul 02, 2024 5:12pm
I'll take the $0.09 uptick to start! We are SO back