Good plan Malhuneidi, but I am not sure the time is right just yet, looking at the trade, there could well be far more downside before a trend change.
There are still likely to be plenty of holders sitting on healthy profits, tempted to lock them in, hence the move-down - the SP remains at a ~75% premium to IPO, and combined with the dwindling support since post listing, provides great temptation IMO.
Take a profit now, buy back later, may be the thinking?
Just an idle brain dump - not downramping, just speculating on the current weakness.
GLTA
Cabe
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11.5¢ |
Change
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Mkt cap ! $38.72M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $1 | 13 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 184433 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 33896 | 3 |
View Market Depth
No. | Vol. | Price($) |
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5 | 184433 | 0.110 |
1 | 45000 | 0.105 |
1 | 10000 | 0.100 |
1 | 5051 | 0.099 |
1 | 10000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 33896 | 3 |
0.130 | 174750 | 1 |
0.135 | 168597 | 2 |
0.140 | 277000 | 4 |
0.145 | 63805 | 3 |
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