We need EPA approval and FIRB before anything interesting happens to our SP. This has been evident for the last few weeks as volume has been significantly below the average.
The positive is that their are no large sellers, however no buyers at the same time. We will continue this stagnent trading in the 60cent range until the above occurs.
200k odd shares on close doesn't mean much considers its only $120k or so, as with the transfer offmarket.
Bring on EPA and FIRB approvals, we could potentially maintain an 80cent SP.
GBG Price at posting:
62.3¢ Sentiment: Buy Disclosure: Held
