gondwana, It actaully stands for something like,best land in the world, land of the dreaming, perfect place etc. Would be interested to hear of other meanings you have heard.
Today's trading was a bit like ground hog day wasn't it.....
three days, three records, three high this and higher that.
straight line increases which test the mathematical equations of what's the chances of that happening again and again on the same rate of increase.
the busy open, the storng trading, the price moving up, the siesta after noon and the strong close.
Today was a very good day because it had a few competitors. The RSL and the Bacon Lettuce and Cheese (BLT). Flinders had a great day and it's high turnover meant that Gondwana still went forward depsite the high turnover of other popular stocks for daytraders as well as some strong long term buying in others.
A few notes I have taken on today....
GDA up 19.57%
market cap now a solid $22m
vwap up 1.3c from 4.2c to 5.5c
volume 229m and top of the asx again
value traded way up there again at $12.7m
open was up 1.6c to 4.6c
the lowest trade on the day was 2 c higher than yesterdays at 4.9c
the high trade was up from 5.1c to 6c
and the close was up again. Today by .009c from 4c to 5.5c
Out of all that which is good, the 2c higher low at 4.9c is about as good as it gets.It's a really significant milestone when considering the huge turnover and price growth. It would be normal to expect on such high volumes a biger spread from between lows and vwap and highs......all in all a very impressive performance today from Gondwana...again.
cheers fatstocks.
Add to My Watchlist
What is My Watchlist?