They are fully funded for all operations this year, the CR would have been cheaper than taking out a loan and the price is usually a little bit cheaper than the current price at the time to encourage the purchase of all on offer, it just seems to have lost a bit of steam. Lower volume would allow it to move either up or down relatively fast. I still remember hearing about this stock and having to hit the refresh button to keep up with the rising price. That was not that long ago.
I bought a small holding in this stock when it was rising very fast then watched to grow a little, now to have it back as much as it was up. Probably a good time for accumulation.
This company has alot going for it but it is just going to take time, I believe. I believe management it doing a very good job at keeping us holders up to date, with some very informative videos on their website.
DYOR & GLTA
why is the price going down?, page-7
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $16.85M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $6.861K | 1.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7758469 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 6756480 | 14 |
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| Last trade - 15.18pm 09/08/2024 (20 minute delay) ? |
| HHR (ASX) Chart |