Far from it.
Company listed on 26th May at .04 cents then over next 10 days hit a low of .034 cents all on tiny volume.
Pretty obvious why hardly anybody was aware of this stock until the ann of Tim Parker appointed as new CEO.
Normally I don't trade on new CEO ann's but this guy was a big cheese with the the biggest advertising companies in Australia (Clemenger) and Ogivy & Mather(one of the world's biggest) His contacts and "friends in high places" both at a Federal and State Government level , not to mention so many house hold names is almost priceless.
The revenue's of $12 mln since July 2015 and even higher projection for this year are compelling.
Practically every analyst/Stock broker/ commentator says not to buy a stock when there is no long history to go off...certainly applicable in GGL.
But that view is so, so ultra conservative is proving to be wrong with IPO's this year outperforming so many of well known stocks.
So it's great when so many won't touch this stock until say 1 years time.....by then it's too late with a SP of 25 cents!
Remember DYOR!
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Far from it. Company listed on 26th May at .04 cents then over...
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Mkt cap ! $2.790M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 334000 | 0.6¢ |
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Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1328565 | 4 |
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No. | Vol. | Price($) |
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2 | 334000 | 0.006 |
6 | 3148819 | 0.005 |
7 | 3022021 | 0.004 |
2 | 1600330 | 0.003 |
3 | 1950000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1328565 | 4 |
0.008 | 366500 | 2 |
0.009 | 262500 | 2 |
0.010 | 200000 | 1 |
0.011 | 55668 | 1 |
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