GRY 0.00% 20.5¢ gryphon minerals limited

historical comparison, page-16

  1. asf
    9,887 Posts.
    Cheers, nord- yes, that report was a week old. The trend seems to be less shorts, though, which is usual after a capital raising- probably easy money there. GRY has buy recommendations on it, though. I really doubt it has too far to fall. Fortunately, they only did a placement and not a retail issue to come, or it would hurt sentiment further. Looking at IVA, for example, only a miracle will get the share price close to the raising price for retail holders.

    The GRY SP is now 10% below the SI raising price. Any further falls and it would have to be a buy. within 3 weeks, this company has said it will have news- big news, too (but, probably not the DFS yet- latter half of Jan, 2013, according to AGM comments). Waiting game.
 
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