Was very interesting to see the way the stock traded yesterday.
There were many large sell orders placed & subsequently cancelled in a short time frame.
At one stage there was 1.8 mill shares offered at the 10c level only to be cancelled within 20 min.
The buyers took the stock up to 9.9c only to bring it back to the 9.2c level before buying everything in the last 20 min to take it back to the 10c level.
The buying broker was buying with such aggression that it SEEMED to be unnecessary based on the last few days trading.
If you were watching the 4-410pm market, it seems that this broker has UNLIMITED quantity to buy.
Well based on the research and posts on HC, what's the difference if you buy in at 8c or 12c, if we believe what the Revenue figures will be on the back of a Covid-19 sensor.
If the stock powers along today to the 13c level on volume, I would expect the ASX to issue a speeding ticket (price query).
It will be very interesting to see Ralph's response.
The company might to decide at some stage prior to the AGM (4 trading days left) to put the stock in a trading halt.
GLTA.
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