Hats off to management going aggressive with the drill bit the market loves it.
Definitely, a conviction play for me here. Plenty of off-screen buyers strategically soaking the shares sub 45c, some moments there's hardly anything on the bid and then large orders popping up. obviously we all want this as cheap as possible however buyers are scrambling to get their money in at these levels creating fear of loss.
imo there is plenty of fear of loss here since it's cheap in comparison to DEG.
Our market cap @ sub 25m and DEG (also an explorer) at a staggering 1 billion cap. thanks to its discoveries and doing the trick for GSM
1 hr chart below watching to see if it make its way to 40c and below but hopefully, we can continue our run to 70 and beyond in anticipation of the results
p.s it'll be really weird for this to downtrend and create a lower low in price from here given its nature so in a perfect trading world I'd like to see it hold above 40c or use 38 and 40c as it's core support zones.
luck to all holders.
Chart - GSM
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $2.793M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $1.76K | 170K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1056885 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 37695 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1056885 | 0.010 |
4 | 783330 | 0.009 |
8 | 1653394 | 0.008 |
2 | 628500 | 0.007 |
3 | 899950 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 37695 | 1 |
0.012 | 600000 | 1 |
0.013 | 250936 | 4 |
0.014 | 446608 | 4 |
0.015 | 1183465 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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GSM (ASX) Chart |