on january 8, 230 million shares in gda were traded and closed...

on january 8, 230 million shares in gda were traded and closed at 5.5c (after trades as high as 6c). it seems that almost 8 months later, the buyers are still there at 5.5c

part of a post ( 2437704) on that day read as follows

I think the significance of the growth in market cap has been missed by many . The market has fully absorbed the extra 105m gda shares and the extra 52m gdaoc. An amazing performance to have a stock go up in price and market cap, at the same time as an increase in the number of securities.
The resilience of gda is outstanding......days in a row,
the dow down,the asx down, more shares on the market, all off set and of a lower weighting than the upside of the increasing knowledge of GDA's many tenements, the new wallal downs iron ore tenement, the gold and iron announcements to come this month and the bonus share issue and free attaching options.... .GDA also has the pending news which has huge potential upside for the sp as well as 4 tenements in the pilbara between fmg's cloudbreak mine,"

the resilence sure has been outstanding - with buyers still in the market at january levels