I'm in the same boat (though not holding anywhere near as many as you). I too have been burnt before (by ASN) and I stupidly didn't cash out. This to me is a LTH. I can't see it being sold down back to a pittance as it has a proven resource with high grades, it's not like this rise is in anticipation of drilling results or the like. I have been wondering though if the market is pricing in the PEA. I guess it comes down to your own risk strategy and whether you're prepared to hold with the potential to cash out less than you thought. BTW I can't see this being bought out at anything less than $2, even then that only values the resource at $400m.
- Forums
- ASX - By Stock
- GLN
- General Discussion Banter GLN
General Discussion Banter GLN, page-4709
-
- There are more pages in this discussion • 11,033 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GLN (ASX) to my watchlist
|
|||||
Last
14.3¢ |
Change
0.008(5.56%) |
Mkt cap ! $68.40M |
Open | High | Low | Value | Volume |
13.5¢ | 14.3¢ | 13.5¢ | $103.6K | 746.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 93185 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 221962 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 93185 | 0.140 |
10 | 745419 | 0.135 |
19 | 472847 | 0.130 |
11 | 375907 | 0.125 |
9 | 746252 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 221962 | 9 |
0.150 | 1247665 | 16 |
0.155 | 225808 | 6 |
0.160 | 211334 | 5 |
0.165 | 20000 | 1 |
Last trade - 12.44pm 20/08/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |