Imo, I try to divorce my own perspective on valuation from the market.
I fully expect a 2-3m+ cash surplus this quarter, inclusive of R & D offset, but even if we do see those numbers, I don’t see this getting too far past 2 cents once settled.
For something that has been quiet so long, I must imagine there is a large amount of holders who are looking for an opportunity to offload, ultimately keeping the price down.
So short answer, I can see it hitting 3 cents intraday with good numbers, settling around 2.
Just need some consistent profits this year and this will look much better in 12 months, and I won’t be letting go of a single share until then!
GGL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
