GGE 0.00% 0.6¢ grand gulf energy limited

louise, page-5

  1. 3,469 Posts.
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    Scarin

    Will pass on a guesstimate,

    But the number that keeps floating around while napping
    is the old money 0.003 that was what Macbank sold for.

    That became 0.015 in new money and if I read it right
    there are some big punters who would like to see 0.015
    again.

    IMHO the scene ATM is that 0.010 is a tipping point -
    0.009 when in the doldrums and 0.011 when there is,
    for example, a Spud.

    GGE has a very volatile SP when viewed as Percentages.

    One tenth of a cent ATM represents 10% which is far better than bank interest.

    A rise of 0.005 ATM would be 50% and that IMHO is off to the races.

    Not advice in any manner or form.

    CH$$RS R15

 
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