Many comments lamenting the fact that despite today's stellar announcement, GLN share price has not soared.
Some observations.
- The share market is a scary place at the moment, lots of spooky macro-economic events and bogeymen. People are right to be cautious. If this announcement had been dropped in better times - price would have popped well in to the $2.00 range.
- Soaring share prices are mostly a retail phenomenon. Like the OB1 scene from the first Star Wars" "The Sand people are easily startled. But, they will be back and in greater numbers."
- GLN is hard for the garden variety investor to fathom. Many misinterpret the lack of loud suit strutting and no publicity megaphone. The numbers are difficult for the financially illiterate.
- GLN almost always takes 21 days to fully react to positive announcements.
- There is a lot of manipulation and accumulation going on - has been for months. Nobody kicks a dead dog.
- Let's not forget the price was 14 cents 12 months ago.
- This is a stock for students of fundamental analysis and the capacity to sit and wait.
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.50M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 11.0¢ | $329.8K | 2.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 373670 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 0.115 |
20 | 1445331 | 0.110 |
22 | 1553124 | 0.105 |
58 | 3760740 | 0.100 |
5 | 151111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 373670 | 4 |
0.130 | 440604 | 12 |
0.135 | 983914 | 3 |
0.140 | 133258 | 4 |
0.145 | 104000 | 2 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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