GBG 0.00% 2.9¢ gindalbie metals ltd

Personally i don not believe the port concerns are having much...

  1. 632 Posts.
    Personally i don not believe the port concerns are having much effect on the SP, something else is going on to hold the price at it's currently levels. Madness of crowds perhaps, I can't put my finger on it but 100M shares traded in the past few weeks without the price moving anywhere during a period when market confidence is returning??. That's odd and I get the feeling everyone is watching everyone else waiting for the trigger that will send this back up fairly soon.

    But for those who have concerns about Okajee there are more headlines today dismissing fears.....

    My thoughts for what it's worth - the SP has formed a solid base at 90C* and will bounce from here back to $125 ish fairly quickly in the mad rush to get back in. From there it should follow the same trend the other IO produces are currently experiencing.

 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.