Yes it's hard to watch the price get punished...
But on top of the stop loss hunting, and selling for options conversion money, there is another factor.
Newly converted heads.
Some of those reading into the negativity (obvious games) are sitting on freshly converted shares that they couldn't sell due to low Liquidity of the options.
No one knows the assay results yet.
I for one am excited for the results, unless it's a duster then a poor result is already priced in.
An average result will x2 or x3 the Market Cap
GLTAH
Grub
Yes it's hard to watch the price get punished...But on top of...
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $15.52M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.245K | 276.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 39679607 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 26077344 | 43 |
View Market Depth
| Last trade - 11.06am 31/07/2025 (20 minute delay) ? |
| RDN (ASX) Chart |