I'd be more concerned with actual fundamentals... Eventually it will realise fair value regardless of short term movements from bots. Problem re bots is that GBG has issued so much stock that it's literally toilet paper. 10s of millions of shares floating around at every few cents. Really need to do a consolidation as its a traders playground for a pip. Guess a stock turns to a penny dread when it triples it's stock on issue within a 4 year period.
Not one person on here has mentioned something very important that occurred today... Chinas PMI. It showed a further deterioration to an 11 month low. There is a strong downward trend here.. Doesn't this alarm anyone? Notably this 11 month low in August followed a flash crash in the IO spot market in aug/sept last year. Food for thought.
GBG Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
