GDN 0.00% 1.7¢ golden state resources limited

announcement, page-10

  1. 3,904 Posts.
    Hard to read

    Its a good day in general so other things would look more attractive.

    There is not a stampede out the door.

    You have the usual "I have all my gazillions of shares on offer - why doesn't the price rise" crowd usually accompanied by a "Every time I take my gazillions of shares off market the price rises - I don't understand it"

    Volumes are thin - there is always background selling so a fall is not unusual.

    The props are gone - thankfully - particularly the 2m at 0.05 that was distorting things.

    The up volume has been huge lately - in excess of 10% of market cap - and it has not been dumped.

    Unfortunately large buyers are not HC readers - and if they are they don't share their thoughts.

    So I don't know - will give it a few more days then will see.



 
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