AU1 5.56% 5.7¢ the agency group australia ltd

this stock is going to pop....., page-5

  1. 3,807 Posts.
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    Well, it has taken a bit longer than expected but it seems as though this stock is finally "popping", & as expected, on low volume (as there's no real volume to be had in this stock).

    About a week ago some large bids started coming in & then yesterday the stock jumped from 13 to 20 on 18K shares. Today the stock added another 4c on volume of 38K. All without any report.

    I draw your attention though to the final few sentences of the recent quarterly about being in the late stages of potential participation in an international project. Looks like things must be progressing as hoped for.

    As previously posted, I am a BIG fan of Colin Ikin & it's only a matter of time before this stock goes on a real run.

    I'm sure Ikin wouldn't want a repeat of the previous false start of September '09 with the uranium project which NCO decided not to proceed with. This time, no doubt, all the i's will be dotted & t's crossed before announcing something concrete.

    Looking at the company's quarterly it's highly likely that a capital raising would accompany any deal as there isn't much cash in the tin. How, how much & at what price NCO raises these funds is anyone's guess but I'd suspect the company would want to raise them at as high a possible price.

    Guess we'll just have to wait & see & hope this tight little sucker keeps on popping away.
 
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Last
5.7¢
Change
0.003(5.56%)
Mkt cap ! $24.42M
Open High Low Value Volume
5.5¢ 5.7¢ 5.3¢ $243.2K 4.438M

Buyers (Bids)

No. Vol. Price($)
1 74999 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 1200000 3
View Market Depth
Last trade - 16.10pm 30/07/2021 (20 minute delay) ?
(live)
Last
5.7¢
  Change
0.003 ( 3.64 %)
Open High Low Volume
5.6¢ 5.7¢ 5.3¢ 1077695
Last updated 15.59pm 30/07/2021 (live) ?
AU1 (ASX) Chart
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