I have been kicking the tyres for a couple of years, and finally jumped in last week
1. Director buying a significant amount S30,000 caught my eye
2. Price was an irresistible 0.3c - little downside from here
3. Good Management - busy exploring/drilling/reporting and actually doing stuff.
4. Great pipeline of expected news to boost SP given work program announced
5. The Chart Triangle post was interesting.
6. Significant Leases - loads of potential/value upside.
7. I like the Stock.
0.3 or 0.35c if you can get them might be worth a look medium/long term? dyor
GMN is a sleeping giant possibly but it's a penny stock and could bounce around wildly as we have seen in the past, especially when traders take an interest in it again...
Personally I think its under valued and should probably be around 0.5c at this stage.
News/Volume is key now.... (seems to be some accumulation going on recently at these levels as you point out)
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.2K | 400K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1433332 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 27431908 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1433332 | 0.003 |
34 | 62689447 | 0.002 |
20 | 85423164 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 27431908 | 22 |
0.005 | 9986656 | 15 |
0.006 | 8184522 | 8 |
0.007 | 5007586 | 9 |
0.008 | 11301757 | 7 |
Last trade - 11.28am 04/10/2024 (20 minute delay) ? |
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GMN (ASX) Chart |