There is Two Scenarios
1. News is bad; no trading halt, price would fall maybe by 20- 30% down.
2. News is excellent; trading halt; possibly volume would increase few days before trading halt; price would be like WA1, 5x when it opens after trading halt.
What is Excellent News:
1. High Grade Lithium in a shallower depth with length of up to 200m if this is the case then price should reach market cap $200Million or maybe $1Billion similar to AZS in 1 year term.
What is Bad News:
1. Low Grade Lithium, price may fall up to 50% down from current price and hang in there, most likely not much in GSM, exit by many holders.
There is Two Scenarios1. News is bad; no trading halt, price...
Add GSM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $2.514M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $7.961K | 884.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2374302 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 134077 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.9¢ |
Change
-0.001 ( 10.0 %) |
||||
| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 1385913 | ||
| Last updated 15.51pm 14/06/2024 ? | |||||
| GSM (ASX) Chart |