Got to admit I think you're right.
I was in early, made a fair bit and stopped out after a reasonable retrace.
Since then as I believed in the companies play, I've reentered and exited a few times, in the process giving back more of the profits than I would have liked. Most recently a few days ago at 25.5 hoping to pick bottom, but out again as I had a reasonably tight stop if bottom was once again disproved.
IMHO closing the gap at 20 seems very likely, unless there is a meaningful announcement. Having said that, that mantra hasn't played out for any of the good announcements we've had throughout this brutal 4month downtrend.
GLTAH and godspeed
$5 long term, page-20
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $1.416K | 291.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5682096 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6147115 | 11 |
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| Last trade - 13.01pm 09/08/2024 (20 minute delay) ? |
| OVT (ASX) Chart |