Not sure why someone would constantly fire into 2.1c when they...

  1. 14,034 Posts.
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    Not sure why someone would constantly fire into 2.1c when they could have sold their shares for a higher price. Either deliberately to cap the sp for whatever reason or just forced to sell or taking profits in case their buy was in the 1c range. Let's hope they are done and sp can settle above 2.2c.

    Sometimes funds sell heads to leave just the oppies and therefore sell at a small loss taking any value for the oppies into account. But when existing big sh support the CR and just a handful of shares get allocated to retails then selling the new heads should be easy to be done above the CR level.

    Grabbed 2.1c ones today as well, let's see how low they go tomorrow. Or back up?

    GLTA
 
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(20min delay)
Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $10.19M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $851 124.6K

Buyers (Bids)

No. Vol. Price($)
14 6110192 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 2470221 2
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Last trade - 12.35pm 18/06/2025 (20 minute delay) ?
W2V (ASX) Chart
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