Indeed.. the tight liquidity could really move this north quickly but also the lack of liquidity has probably turned people off as well.. do feel like the lack of liquidity becomes less of an issue for companies once they start paying dividends as holders become a lot more sticky and are happyier to take a longer-term view. Qinghai is obviously a major catalyst this year but I am a little surprised that more interest hasn't been generated from the Annual results as they are the strongest ive seen for any company so far for this reporting period without the Qinghai facility producing liquid Mg.
The depth does look a little better from the little flurry yesterday time will tell if this will re-rate back to the mid 40c or somewhere closer to the current NTA of 68c.
IMO GLTA
Indeed.. the tight liquidity could really move this north...
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Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $23.89M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $4.379K | 15.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17946 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 15350 | 1 |
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| Last trade - 14.23pm 28/06/2024 (20 minute delay) ? |
| MGL (ASX) Chart |