Ann: Goulamina - Drilling Program Highlights and Accelerated, page-117

Hi hurtadarryl -

For my viewpoint have a read of my post :

https://hotcopper.com.au/posts/28145532/single

on the Thread : Re: BGS chart !
particularly the last 2 paras.

As an update of my comment there
- about Market Depth buyer & seller numbers, and
- the # of shares wishing to be traded by each

have a look @ the current Mkt Depth page on your broker’s website.
where you can see the # of shares being bid for by buyers @ SP’s of 34c down to 32c.
These #s are relatively higher today than yesterday, I can assure you, at those same SP’s.

Note also the gap in bids from 32c down, i.e. no one wants to buy @ 31.5c or 31.0c.
That suggests to me that the majority of current bidders expect 32c to be the “floor” price.
Trust this opinion partly answers your concerns. Guata.