It seems GCR market depth is now going from the sublime to the rediculous.
Selling pressure started 6 weeks ago with someone from the top 20 putting all their stock on at 1.3c.
That holder sold a few then moved the sell order down to 1.2c. A few more have sold at that level.
All this on very low volume and record stock lows.
Now we have some reverse sentiment. Over 3 million in one order at 1.1c and a build up at 1.0c combined with some shares taken out at the 1.2c level today.
This stock is illiquid atm but this is not the reason for it trading very unusually.
Still scratching my head????
At least GCR has chinese cash. Might be a double edged sword but cash is cash.
News please maangement! Put me out of my misery!
GC
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golden cross resources ltd
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