As the sell side was getting very lean 3 or so days ago with only around 2mill and below at times for sale the accumulators cannot have that as it puts their price point at risk the price needs to be forced down on occasion.
Also causes the most recent entrants to possibly ditch their newly acquired shares as this is not the trend they bought into allowing some easy pickings. I be thinking that the price has done well based that not much has really changed! If we look at what we know docs have been submitted handed back and resubmitted fully hopefully with whatever needed to be adjusted? Public hearings about to commence with hopefully some sort of timeline being nutted out and announced in next week or 2 by the company in regards to the hearings and progress moving forward.
cheers
CaptR
GGG Price at posting:
12.8¢ Sentiment: Buy Disclosure: Held
