The key word on this one is patience. For a lot of stocks generally, but especially for this one.
I know my past impatience has cost me more than I care to remember.
GMR is trading around cash backing now.
As folks have said above, from an investment point of view it makes little sense to sell now, unless you simply need the cash for other purposes.
GMR has very little downside, and a huge pot of possibilities down the track in my opinion.
Yes that means some if/when, but I would expect nothing less from a speculative stock at these price levels.
0.7c is still a *very* good entry point. Anything under 1c is ok in my book.
If I had more available funds, I'd certainly be buying a lot at these levels, and in the coming days if I sell out on other positions, I'll immediately be putting all proceeds into GMR.
So personally speaking, I'd love to see some huge dumping by profit takers, driving the price right down, as it's simply more opportunity for me to buy at a lower price. I cannot see that happening unfortunately.
Also, the price may drift down slowly over time, due to a lack of announcements. Again I'm very happy for this to occur.
Remember kids, never invest more than you can afford to lose!
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $9.703M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $21.51K | 1.914M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2452127 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1979205 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2452127 | 0.010 |
1 | 243174 | 0.009 |
5 | 625052 | 0.008 |
5 | 1983375 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1979205 | 2 |
0.013 | 751290 | 3 |
0.014 | 161700 | 3 |
0.015 | 816666 | 2 |
0.019 | 400000 | 1 |
Last trade - 13.50pm 13/09/2024 (20 minute delay) ? |
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