As i've stated previously, although the percentages are low, as are the trading volumes, I feel institutional players are starting to control the price here.
They may be seeing the need for a capital raise in the near future and have slowly been shorting the stock (indicated by cross trades and bot activity).
Below is the state of play from a week ago and I believe this week will show a lot more shorting activity.
Don't get me wrong I will be happily buying while the price is suppressed.
DYOR GLTAH
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 (20min delay)
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Last
$1.15 |
Change
0.020(1.77%) |
Mkt cap ! $670.7M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.18 | $1.11 | $172.3K | 151.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 592 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 4211 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| PYC (ASX) Chart |