General Discussion Banter GLN, page-14612

Yes, I grabbed some more this morning when they pushed it to 38.5 cents, though I was surprised, because I'd expected it to open around 43 cents and possibly finish near there also, given the action yesterday.

When they dropped it to 38.5 cents I thought yeah, I'll have a bit more of that, in fact anything under 40 cents is pretty good now I think. It gives me an average of 36 cents now, which pushed up my average a little bit.

The next event to spark either selling or buying may probably be the Glencore announcement, and I'd expect that depending on what Glencore decide, that day should see another 5 cent swing either way, either up or down. It's been interesting to watch this stock.

The action today makes it look like yesterday may have involved at least a little bit of Short covering, but hard to tell, it may have also involved some funds who invested at the 46 cent capital raising just lowering their average.

I'd expect that for those who believe in the strength of a lithium contango then this could represent good buying under 40 cents.

Gw