I can only say I am surprised that it continues to be pushed lower, but then... its on very thin volume.
E/V of just $107m is getting stupidly cheap (I was saying that for weeks, and yet the SP continues to slide).
I will likely grab a few more, but in all honestly, I cannot purchase many more, as there is operation risk with GCY, mainly due to the debt and the small production profile.
I continue to be surprised at the lack of corporate action, considering that GCY was basically offered $0.60 a share by a private enterprise whilst during administration. I am not going to allow myself to be shaken out, especially if they continue to produce 6000-6500 ounces per month.
I can only say I am surprised that it continues to be pushed...
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Last
$1.13 |
Change
-0.045(3.83%) |
Mkt cap ! $1.257B | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.19 | $1.13 | $5.563M | 4.797M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 49856 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 57563 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| SPR (ASX) Chart |