You seem to be very concerned about what others are doing in the stock.
GCX has started a new life, with a new project following a recapitalisation that occurred a couple of years ago.
There is going to be dead wood & jaded LT holders who are seeing their money back & then some who'll be happy to get out & move on.
GCX isn't even on the radar of 99.9% of the investing public yet.
In the meantime, the stock has moved from a low of 3.2c to a high of 5.7c - a 78% move; over the past 2.5 weeks.
Today it closed at its highest weekly close since the week of 11/9/23 on its HIGHEST EVER weekly volume - and even that is only around $1m TOTAL of trade.
As @Zolotoforgold so eloquently alluded, GCX is awakening from a long slumber & this is unfolding before our eyes.
We are fortunate to be able to identify & benefit from it at this early stage.
At the risk of sounding stupid (not an uncommon occurrence for me), I'll go on record & state that should GCX have a discovery hole, the stock will trade 100m shares on the day that occurs & every seller at current levels who thinks they're smart will regret their sell order.
The stock will jump & we'll all be jubilant, yet this will be the time when GCX will begin transitioning from a small time speccie to an institutional stock.
I only pray that should this occur & the stock go parabolic that I have the good sense to refrain from selling as it's very possible that the stock will continue to move with very minor corrections just as was the case with CHN & WA1.
It won't take a large position in GCX to bestow upon patient holders generational wealth assuming the company has another Nebo-Babel on its hands.
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Last
7.8¢ |
Change
-0.001(1.27%) |
Mkt cap ! $28.42M |
Open | High | Low | Value | Volume |
8.1¢ | 8.7¢ | 7.6¢ | $1.812M | 22.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 76907 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 645377 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 76907 | 0.078 |
3 | 478659 | 0.076 |
4 | 750000 | 0.075 |
1 | 15000 | 0.074 |
4 | 107397 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 645377 | 1 |
0.080 | 588888 | 3 |
0.081 | 250001 | 3 |
0.082 | 12195 | 1 |
0.083 | 320000 | 5 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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TM1 (ASX) Chart |