GGE 10.0% 0.6¢ grand gulf energy limited

So a soft day on low turnover. Sell volume way up but is due to...

  1. 196 Posts.
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    So a soft day on low turnover.
    Sell volume way up but is due to a number of traders placing early sell orders at high prices to get to the front of the queue should their price become equal to market price. Also an element of positioning their portfolios for when they take a break from trading.
    Typical for this time of year.
    Over 10 million of sell volume is priced between 3.3 and 12 cents!! Take these out and sell volume is still a fraction of Buy volume.
    I remain a buyer at 2c to add to position.
    Jesse 2 is only part of drilling planned for 1st qtr 2023. If this does produce helium to surface then perhaps take some profits on news and hopefully be free carried with balance of holdings during 2023 which looks to be an exciting time.
    There are so many producing wells in this area. Success will come, be it next qtr or 9 months away.
 
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Last
0.6¢
Change
0.001(10.0%)
Mkt cap ! $11.52M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $3.941K 750.8K

Buyers (Bids)

No. Vol. Price($)
18 6302843 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2916995 6
View Market Depth
Last trade - 14.48pm 03/05/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.5¢ 0.6¢ 0.5¢ 928668
Last updated 15.56pm 03/05/2024 ?
GGE (ASX) Chart
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