GGP 0.00% 0.6¢ golden gate petroleum ltd

52 week high @ post recession, page-60

  1. 212 Posts.

    This selling sas1 is really against the flow. Perhaps its someone selling on the rights issue 3.5 cps .Thats excellent profit margin by anyone's standards. Some people get given something good and leave , not knowing that you were about to give them something else as well, even better.

    I do believe that greggy2 found the bottom at 3.8 and there may be some ebbs and flows over the next two weeks to clear out ant R/I profit takers, but with good fundamentals and drilling a good prospect only weeks away I believe the buy side will more than handle it.

    Regards , Budfoxx
 
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