It looks like there is strong support at this level, with professional investors gradually selling at 40c. The stock may consolidate here or go through a correction.I believe upcoming news is already priced in, so we would need significantly better-than-expected news to break the resistance - unless gold moves higher.
Personally, I’m on the fence for now, waiting either for a correction or a new buying impulse from professional investors.
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $255.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.8¢ | $215.0K | 549.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19999 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 249361 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| GG8 (ASX) Chart |