Unfortunately, we have become victim of macroeconomic turmoil that was unforeseeable. We will likely see some more red and then recover once drilling starts. This export tax and economic crisis should have minimal impact on GLN due to the current stage of exploration.
This is my guess of our price action over coming months (there is no science behind this, just gut feeling). The red line represents drilling commencing. Patience is a virtue and will be required for holders, if you need cash rn and cant afford this to go lower, i'd recommend selling a portion of your holdings. Also a fantastic time to top up/open a position!!!
General Discussion Banter GLN, page-127
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $85.31M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.0¢ | $344.6K | 1.941M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 275000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 22376 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |