It won't fall below 80cents. It looks like a downward trend since early May, but I think it will bounce up a little.
$28m fully subscribed, but BUB wants another $10m, going up to $38m. Up to $30,000 for each eligible holder in the SPP. 30,000 dollars per holder seems higher to me, when I participated in WEB SPP, I maxed out at around 20,000 dollars worth of shares (that's all I could get).
Commbank shows almost twice as many shares on offer than on bid - that would not worry me either. I have seen shares going up in that scenario.
I think it all boils down to whether you buy the story, and this story will unfold over the next 3 quarters. So, sharpen your pencils for the 4c reports.
The fact that openly discuss an exit point, reveals a degree of scepticism. I think you are not alone, given that many shares on offer. I think this share is much more driven by fundamentals that chart. So, I guess, there will a positive announcement on some distributor agreement or new product line in the next 6 weeks; that will bounce of 6 to 10 points, and you have your exit point (if you are still sceptic). These announcements in the past have had that impact.
My 5 cents worth.
GLTAH
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It won't fall below 80cents. It looks like a downward trend...
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $151.8M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $91.61K | 522.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1899644 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 57813 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 1862880 | 0.170 |
20 | 2576574 | 0.165 |
13 | 236406 | 0.160 |
4 | 221158 | 0.155 |
8 | 297399 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 17587 | 2 |
0.180 | 1347514 | 25 |
0.185 | 815683 | 9 |
0.190 | 769027 | 15 |
0.195 | 1046960 | 14 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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