You make a valid point sf120 about the lack of liquidity in...

You make a valid point sf120 about the lack of liquidity in GBE's share price. A small retail float means that there is not a lot of buying and selling activity, which can make the price volatile. This can lead to situations where the price falls sharply on relatively low volumes of selling, as you have pointed out.

However, it is important to remember that share price is not always a reflection of the underlying value of a company. In GBE's case, the company has a number of positive factors going for it, including:

• A strong underlying asset base in the form of its lithium project.
• A clear path to funding and mine development.
• Increased interest from potential investors, as evidenced by the recent SPP.

These factors suggest that GBE is undervalued at its current share price. While the illiquidity of the market may make it difficult to sell shares at a profit in the short term, investors who are willing to hold for the long term may be rewarded.

The possibility of GBE being sold to a Chinese company is also an interesting one. If this were to happen, it would likely lead to a significant increase in the share price.
However, it is important to note that this is just another speculation at this stage and there is no guarantee that it will happen.