Aside from news and a great story, sentiment is a major factor behind price spikes. Over the past week, we have definitely seen sentiment return to GUJ in a big way. Not only has the price gone up 25% on higher than average volume, but the ratio of buyers has outnumbered the sellers, particularly with the options.
GUJ reminds me of UMC particularly in the way its share price has behaved. Over a period of several weeks, UMC's share price went from 30c to over $1. I can see some synergies between the 2 stocks from a fundamental point of view as well.
- Forums
- ASX - By Stock
- GUJ
- massive potential
GUJ
gujarat nre resources nl
massive potential, page-9
Featured News
Add GUJ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online