Very easy to keep a lid on the price with such low volumes. If I was looking to potentially buy the company, as our main investor is, but wanted to see what the resource and DFS will say then I'd likely be trying to do the same. Why let the price run now and give a higher base to go from for resource and DFS announcement.
Once the volume builds then it will get more difficult to cap the SP. On a brighter note, if someone is willing to offload shares at this price then its a good opportunity to get a decent position built up before the volume inevitably builds in light of the upcoming reports.
Obviously we wont know the real answers, just speculation. What is your opinion of it TrashTrader?
I think its fair to say the resource upgrade will be positive. And lets remember, GMD were about to go it alone and mine Ulysses on its own prior to acquiring the additional gold in the Kookynie tenements of which are showing considerable upside.
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Last
$2.02 |
Change
-0.070(3.35%) |
Mkt cap ! $2.279B |
Open | High | Low | Value | Volume |
$2.08 | $2.08 | $2.00 | $5.052M | 2.495M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3300 | $2.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 49338 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3300 | 2.010 |
10 | 26000 | 2.000 |
3 | 88329 | 1.995 |
2 | 33541 | 1.990 |
2 | 33541 | 1.985 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 49338 | 4 |
2.040 | 91978 | 2 |
2.050 | 58128 | 3 |
2.060 | 8748 | 1 |
2.070 | 8748 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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