I certainly don't want vertical rise in SP quickly followed by similar fall. Recent movement has been off the back of good announcements, not pump & dump, and an obvious increase in retail & institutional interest based on good company fundamentals.
Macro market sentiment is not having a negative effect at the moment.
I think current buying interest will continue to keep the SP on an uptrend and with more major announcements imminent the SP to continue to rise.
Having said that, I'd be happy to see a consolidation at current level. Seen enough pump & dumps to make me nervous even given the solid fundamentals.
My strategy remains unchanged, long term target $3 before unloading about 40% of holding, retirement and wait for production on balance of shares.
So much to happen in the meantime and really don't see a downside at the moment
GLTAH
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $151.6M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $33.30K | 289.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 715270 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 163798 | 28 |
View Market Depth
| Last trade - 12.30pm 30/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |