Commsec tells me that only 60k shares were traded on 16/11 (all at 21c, interestingly). The preceding week had seen more action as the price pushed up from around 16c to 21c - between 6/11 and 13/11 approx 1024500 shares were traded.
The action from recent weeks suggests to me that:
a) Someone has been accumulating what they can below 18c - possibly keeping the close at 18 to encourage selling (the idea would be that this is an acceptable sell level for almost anyone, a loss not too big for those who bought in over 20c and still a great gain for longer term holders who now see stagnation).
b) It is getting harder to do that below 18c.
c) Something is brewing - my guess it that this pops on a big announcement, though no idea when that will come.
GLTAH
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.51M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.6¢ | $9.52K | 170K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 108571 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 41457 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8571 | 0.056 |
2 | 376000 | 0.054 |
2 | 44600 | 0.050 |
3 | 335000 | 0.045 |
1 | 9000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 41457 | 2 |
0.060 | 126680 | 3 |
0.062 | 32000 | 1 |
0.063 | 31159 | 2 |
0.064 | 170000 | 1 |
Last trade - 13.19pm 16/08/2024 (20 minute delay) ? |
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CY5 (ASX) Chart |