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
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $12.12M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.1¢ | $3.237K | 77.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 52932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.040 |
1 | 250000 | 0.035 |
2 | 375780 | 0.030 |
1 | 23816 | 0.021 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 52932 | 1 |
0.043 | 311083 | 2 |
0.044 | 2417 | 1 |
0.045 | 200000 | 1 |
0.048 | 40000 | 1 |
Last trade - 15.10pm 14/06/2024 (20 minute delay) ? |
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TM1 (ASX) Chart |