When I see the way this stock trades it tells me someone is accumulating. I've been watching this thing for close to 2 years - you'll get a spread of small parcels well below support. Once support breaks and the punters have sold out, the accumulator comes in and gobble up, and the stock shoots up. The size of the sales tell me the accumulator has deep pockets and wants more Galan. As such I suspect this stock is going to get acquired fairly soon.
General Discussion Banter GLN, page-7102
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $690.6K | 4.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 299999 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 284235 | 8 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |