Cheers tinman.
I agree that the LT holders have been hung out to dry by some aggressive market action. Both, from the plethora of shorters as well as from the investment banks working for their respective clients to generate outsized returns.
Now that we are significantly discounted to fair value, those same market players will turn their attention to the long side of the equation and drive the price forward closer to (and likely above) fair value.
Waiting for that transition. The key thing is to not bail out too soon. This should be an eventful ride up (with a few bumps along the way).
GLTA
Banter and general comments, page-33716
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |