Just to follow on from the above...I reckon building a good relationship with existing holders (esp long termers) could breathe new life into the stock, and increase liquidity to more respectable levels. GMN (another of my stocks) did something similar through BlueSky Shareholder Services, who personally called me and all the other holders with a friendly update on behalf of the GMN board. As a result the stock saw a significant increase in volumes (and price rose from 2c to 3c). As a shareholder of GAL I have actually never received any form of communication from them other than the legally required compliance docs. A friendly call or email once in a while with the latest news would be greatly appreciated!
Theres actually not much stock on the sell side, and I think if holders got a bit more reassurance from the company they would at least rethink their decision to sell out, and maybe hang on for higher levels?
We are definitely due for an Investor Update!
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Just to follow on from the above...I reckon building a good...
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $34.58M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.5¢ | $10.70K | 61.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43787 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 790 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43787 | 0.175 |
5 | 157914 | 0.170 |
3 | 12181 | 0.165 |
5 | 206388 | 0.160 |
4 | 114967 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 790 | 1 |
0.185 | 88419 | 2 |
0.190 | 20879 | 1 |
0.195 | 157867 | 1 |
0.200 | 13846 | 2 |
Last trade - 15.59pm 03/09/2024 (20 minute delay) ? |
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GAL (ASX) Chart |