I think in the case of GL1 the share price got ahead of itself when it reached $2.90 but it's important to remember the market cap then was about $550M.
Dilution is often overlooked when looking at previous highs. I would focus less on on the SP & more on the market cap, which is currently not too far off the high.
I think in the case of GL1 the share price got ahead of itself...
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.0¢ | $269.9K | 702K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 33159 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
0.000 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.5¢ | 38.0¢ | 175046 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GL1 (ASX) Chart |