G1A 0.00% 5.9¢ galena mining limited

The pre-open market depth at 8:20am .... it appears that 13.5c...

  1. 2,343 Posts.
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    The pre-open market depth at 8:20am .... it appears that 13.5c is strong support .... and there's not (apparent) selling pressure.
    Clearly 20c is key resistance - if that became strong support ... it would signal G1A is out of the "dog house" and on the takeover radar (?)
    My shares have been moved from the back of the bottom drawer to the top drawer, which will be opened when the market gets hungry for G1A.
    If things go relatively smoothly from here, then when G1A has an EBITDA of $100m / year (12months time) .... what will the SP be ???
    Rather than picking the scab one more time, lookout the stock with fresh eyes .... IMHO this is a 30c+ after full successful commissioning.
    https://hotcopper.com.au/data/attachments/4559/4559197-602afb1e5cde8f2f90e4d2d6154f06bf.jpg
 
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