GDA 3.64% 28.5¢ good drinks australia ltd

cannot keep a good stock down, page-9

  1. 596 Posts.
    Well who really knows... and thats my point. I am a GDA supporter and adopt a positive stance considering the fundamentals, but at this time the real issue is volume of trades. Out of the 71 Million shares there are 590,000 on offer. So volatility is of course expected. Thats why I say it is ridiculous to start beating up a fall like we saw as it is equally ridiculous to crow about a rise. The consideration is why there are so few sell orders. My thoughts are firstly that traders see the need to allow this stock to settle down after much change and secondly that they know that there simply hasn't been enough information of late to warrant serious trading. Time will tell, apart from this all comments should be treated with caution (including mine :)
 
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Last
28.5¢
Change
0.010(3.64%)
Mkt cap ! $37.65M
Open High Low Value Volume
27.5¢ 28.5¢ 27.5¢ $21.64K 78.06K

Buyers (Bids)

No. Vol. Price($)
1 455 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 41800 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
GDA (ASX) Chart
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