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Ann: Goulamina - Drilling Program Highlights and Accelerated, page-118

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nutcracker

3,968 Posts.

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25/10/17

14:33

Post #: 28184472
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Originally posted by The Guatemalan ↑

Hi hurtadarryl -

For my viewpoint have a read of my post :

https://hotcopper.com.au/posts/28145532/single

on the Thread : Re: BGS chart !
particularly the last 2 paras.

As an update of my comment there
- about Market Depth buyer & seller numbers, and
- the # of shares wishing to be traded by each

have a look @ the current Mkt Depth page on your broker’s website.
where you can see the # of shares being bid for by buyers @ SP’s of 34c down to 32c.
These #s are relatively higher today than yesterday, I can assure you, at those same SP’s.

Note also the gap in bids from 32c down, i.e. no one wants to buy @ 31.5c or 31.0c.
That suggests to me that the majority of current bidders expect 32c to be the “floor” price.
Trust this opinion partly answers your concerns. Guata.

Expand

Guata, for those of us not into charts having read your earlier post and then this one looks like you are certainly on the money, thank you for sharing I should rush out and buy a new thinking cap

BGS Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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