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Ann: Structural Interpretation Resolves Controls at Twin Hills, page-20

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moneyzone1

974 Posts.

101

19/06/23

14:10

Post #: 68359244
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Originally posted by T2CupAndHandle: ↑

I think the sell off is largely tax loss selling. If you got a 50% loss on this (which is actually small % given it spent most of its time above 10c over the last 3 years), but gains elsewhere there is a concrete $ value to realising your loss over the next two weeks to offset tax gains. Selling could accelerate as we get closer to June 30, but I would expect a small rebound early July.

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A mixture of tax loss and impatience. We have Newcrest drilling soon and TH not far away after.
Damage is done to the share price. Risk reward is insane at these levels, in my opinion.

GBZ Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $11.56M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$4.7K	470K

Buyers (Bids)

No.	Vol.	Price($)
5	1277323	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1087495	4

View Market Depth

No.	Vol.	Price($)
5	1277323	0.010
6	1890464	0.009
6	1945797	0.008
3	550000	0.007
1	250000	0.006

Price($)	Vol.	No.
0.011	1087495	4
0.012	1306448	5
0.013	1403307	3
0.014	1422469	5
0.015	51250	2

Last trade - 14.55pm 17/06/2024 (20 minute delay)

GBZ (ASX) Chart

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