When I spoke to the IR guy last week he didn't give me a firm date for an investor presentation, he just said 'soon'.
The past couple of weeks it has looked like the price is getting manipulated so smart investors can pick up cheaper prices. For eg there will be 20m bids on at 1c, someone will sell a couple of million at 1c and all of a sudden the other 18m bids are gone and are at 0.9c. Retail investors get scared and sell and the cycle continues. Classic high frequency trading strategy (HFT). This will all stop when good news comes. Hard to ignore the price for now but IMO that is the best thing to do, coz news could be out this week, next week or the following week, but I sure as hell don't want to miss it!
I'll just leave this here....., page-8
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Last
20.5¢ |
Change
0.010(5.13%) |
Mkt cap ! $40.51M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $47.41K | 235.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 17875 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| GAL (ASX) Chart |