G88 golden mile resources ltd

8.33%

1.1¢

they pushed and closed it below support, see the 3.9c sell...

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marco33

2,869 Posts.

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26/07/23

05:05

Post #: 68979917
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Originally posted by dc1234: ↑

Not a good sign now that a good support at 4.3 was lost.

Selling volume was not very high, I would say moderate at over 6m, but sellers were committed.

As I felt last time 2, its very difficult now to say what is happening. The general resource stocks also not doing very well in last couple of days - so is it related to that, or G88 specific or just normal behaviour of how a stock plays? Its not possible to predict nowadays even for billion dollar stocks, penny stocks all the more difficult.

Personally - I had one lot at 4.3 that got hit, I was hoping it will rebound from there. Was tempted to get more but left it. This buy was of my trading stock that I had let go some at 5. I still have not bought back all. But now I will wait to see where its heading. I still hold the lot I have bought for long term at around 4.5 average, so slightly under water now.

So what will happen now? Don't know, playing in a mixed zone. For some it may look like weakness. For others it could look like levels many had thought they may buy if it reaches here. Lets see. I have a feeling I will buy back my trading stocks shortly - not sure lower or higher. Lets hope we move back towards 5 for now with news flow to start shortly. All the best.

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they pushed and closed it below support, see the 3.9c sell purpose sucking out any loose hands prior to news.. will be back up over it today.

Also some wants a big fill at 3.9... maybe its Carlton123.

Last edited by marco33: 26/07/23

G88 Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
2 Upvote

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(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $5.986M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$2.185K	189.5K

Buyers (Bids)

No.	Vol.	Price($)
6	624217	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	88262	1

View Market Depth

No.	Vol.	Price($)
6	624217	0.011
7	3223000	0.010
3	897777	0.009
2	2000000	0.008
2	755555	0.007

Price($)	Vol.	No.
0.012	88262	1
0.014	168663	1
0.015	2050000	2
0.016	941005	2
0.017	500000	1

Last trade - 16.10pm 20/06/2025 (20 minute delay)

G88 (ASX) Chart

they pushed and closed it below support, see the 3.9c sell...

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they pushed and closed it below support, see the 3.9c sell...

Top Stories

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AML3D opens new facility in Ohio as US Defence strategy bears fruit

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

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Sellers (Offers)

Featured News