Like most other companies since mid May we have seen GDY s/p driven down by hedge funds having to sell their positions at any costs to meet redemptions , which in turn put margin lenders at risk , forcing further selldowns , which further spooked uncertain shareholders into selling.
The time has arrived where this cycle has abruptly stopped and the market having been ridculously oversold and will
return to pre-May values
You will observe this whole cycle with regard to GDY was done with relatively low daily volumes , all the more reason to now see this share price return as quickly as is now happening.
There are a large number of fully committed believers in this company from Origin Energy down to the mums and dads who want to leave this world a better place for our children.
Also just as highly committed is your management in GDY who I believe will leave no stone unturned to achieve the huge goals coming from success in this cutting edge tecknowledgy to provide the world with renewable ,24/7 , low immision power.
My wish is to now see management able to kick the goals needed with Power to Innaminka and a sizable Fed. Govt funding committment over coming months ,that will
ensure the $2 options are exercisable in late Feruary.
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $3.993M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $1.1K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 425999 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 7451883 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 425999 | 0.005 |
20 | 11408168 | 0.004 |
15 | 6634239 | 0.003 |
12 | 6747500 | 0.002 |
3 | 3300004 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7451883 | 12 |
0.007 | 1934431 | 2 |
0.008 | 3221791 | 4 |
0.009 | 3042509 | 4 |
0.010 | 6492765 | 4 |
Last trade - 13.40pm 05/07/2024 (20 minute delay) ? |
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RNE (ASX) Chart |