If I was down at the stock market casino playing the GLN wheel, I'd be putting my money on a $2.20 peak in December with a subsequent pullback to around $2.00 I am assuming GLN will drop a cracker announcement that will drive this.
I mean, this last announcement was piss-ant - what's driven the current leg-up is...
- getting clear of the cash raise hiatus
- the Cannacord valuation
- General Lithium price growth
A more meaty announcement should bring some retail out of the woodwork.
But, we have plenty of potential for some global macro set-backs (China, our old-mate interest rates, meteor strikes) and the puppet masters behind Wall Street may have other plans.
Still. Think it's looking good.
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WARNING: Don't make investment decisions based on my ramblings.
Look at my track record - no better than flipping a coin.
And I suck at football tipping.
If I was down at the stock market casino playing the GLN wheel,...
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.5¢ | $558.3K | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99579 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 34450 | 3 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
-0.010 ( 3.97 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 29.5¢ | 28.5¢ | 590029 | ||
| Last updated 15.55pm 15/05/2024 ? | |||||
| GLN (ASX) Chart |