Yes, I havea model that predicted a greater discount. When the actual discount was not aslarge, I naturally was interested in why. In mid November, I noticed MG’s twelve Director'sInterest notices submitted since 1/1/18 and wondered whether that this may havebeen a reason. Went off the radar for a while, until VinP’s comment on MG’s recentpurchase prompted me to state my hypothesis.
VinP’s last post rightly notedthat there had been virtually nil purchasers since October. joewolf’s up todate calculations indeed suggest that MG’s purchasers are not significant. Inhindsight, I probably should have checked the volumes and avoided some of thefuss!
However, in view of some of the recent comments, I feel the need to note that Iquestioned whether MG’s buying had supported the price. This is a long way froma “market support structure”. And to be honest. my sexagenarian morals are notoverly wrapped in the implications of “totally spurious” and “oblique downrampat best”. Each to their opinion I guess. I’ll (literally) leave it at that.
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice - Michael Glennon
GC1
glennon small companies limited
Add to My Watchlist
3.23%
!
48.0¢

Yes, I havea model that predicted a greater discount. When the...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
48.0¢ |
Change
0.015(3.23%) |
Mkt cap ! $23.15M |
Open | High | Low | Value | Volume |
48.0¢ | 48.0¢ | 48.0¢ | $7.2K | 15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 41525 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 1310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41525 | 0.465 |
1 | 16686 | 0.460 |
2 | 61515 | 0.455 |
1 | 18650 | 0.450 |
1 | 5000 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 1310 | 1 |
0.490 | 22335 | 1 |
0.500 | 20000 | 1 |
0.525 | 16849 | 1 |
0.530 | 20000 | 1 |
Last trade - 12.27pm 18/06/2025 (20 minute delay) ? |
Featured News
GC1 (ASX) Chart |
The Watchlist
CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
Previous Video
Next Video
SPONSORED BY The Market Online