We should now see some solid building in the depth, The brokers are likely to push the sp higher towards the end of the day as we are getting closer and closer to the gas. Now for one announcement 15% is a good start. We have many other zones of interest and it looks like GDN will be doing an update approximately at every intersection. = 7x 15% avg = 105%. Thats just normal trading. Heavy trading which was seen when the sp moved from 10c to 30c is another possiblity.
Looks Great,
Regards,
UMC
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held