it's being absorbed, first stop 29.5 then 30.5c, huge cup and handle forming if you zoom out on daily, i can see 39c not too far off then 53 cents to complete cup depth target. I remember mgx being in a similar position, if you can hold 3-6 months , 53 cents is not that big a ask and will be still only trading around 575m mc and a p/e of 5x , so plenty of upside is not unrealistic.
GRR chart, page-21
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 23.5¢ | $307.9K | 1.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 459114 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 168026 | 3 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |