Human nature,rvajna? Or perplexity as why it should be dropping like it is, considering every announcement to date could only be called positive and promising.
It appears only relatively small volumes of trades are pushing it down. Now, if that didn't suit the well heeled major shareholders one would think there 'd be some counter measures the other way.
Profit is made when you buy and taken on sale-as we probably all know. And it's known that if ,for example, it was announced definitely that GAL would become a very profitable miner, the shares would climb quickly on high turnover, allowing for some juicy profit taking.
The other possible factor, which can't be ruled out, is the word getting out that upcoming drill results aren't all that good. Personally,I find that scenario unlikely.
db
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.38M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42000 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 155000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42000 | 0.270 |
5 | 93038 | 0.260 |
4 | 145213 | 0.255 |
8 | 102395 | 0.250 |
1 | 24200 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 155000 | 2 |
0.275 | 99728 | 1 |
0.280 | 31449 | 3 |
0.285 | 68087 | 2 |
0.290 | 117942 | 5 |
Last trade - 08.58am 14/05/2024 (20 minute delay) ? |
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GAL (ASX) Chart |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
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