Here's a chart, albeit over-ridden by the COVID19 panic, which will probably be with us so long as the news outlets have nowhere else to fill their job sheets easier.
By my reckoning, the latest CR will have been washed through now, with the combined 20 day volume traded across the 2 main bourses (net of Chi-X) now over 680m.
Exited with a tidy little profit too it seems, @ not less than $500k, (and considerably more if London took advantage of naked selling leading into the issue)...probably were hoping for considerably more.
So IMO, what we'll see now are organic outcomes in the share price. Not ones manufactured, by those able, in order to extricate a positive outcome.
Still looking at that gap close before drilling results @ 1.66p, me.
Might be a bridge too far you say? Well TA indicators are fine, with the 61.8 fib loosely looking like support, and it really is quite a big story, so let's see.
GLA
88E Charts, page-200
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 (20min delay)
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $59.97K | 28.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 385 | 448921908 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 577454273 | 149 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 88E (ASX) Chart |