In my view there is a strong likelihood that that we will look back at this time as an incredible buying opportunity. The recent share price drop is of course disappointing but keep in mind it did occur against a backdrop of declining share prices across the sector (which no doubt magnified the drop).
Has GCY exhibited poor (in hindsight) cash management skills? Yes
Has GCY had issues with ramp-up? Yes
Will the above be issues in 1 years time? More than likely not.
In my view there is a strong likelihood that that we will look...
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Last
99.5¢ |
Change
-0.050(4.78%) |
Mkt cap ! $1.101B | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.05 | 97.5¢ | $4.961M | 4.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 83520 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 27442 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |