First hour of trade post the announcement was as expected. An initial sugar hit followed by some controlled selling to extract a few retail holders. The "chumps" will now make way for the "smart money".
Expect to see a steady build up in buying from here, with a continuous build up in price (all controlled by the market maker).
I expect a close near recent highs ($1.18-$1.20).
GLTA
Ann: Approval for BP33 Underground Mine Early Works, page-30
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 (20min delay)
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Last
9.3¢ |
Change
-0.005(5.10%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.3¢ | $3.295M | 34.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 365887 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 883409 | 8 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |