martis...
I'm not a fan of GDA, but the current increase in price and volume is interesting to say the least.
Probably just related to the AGM and impending placement, but given yesterday's announcement, there could well be more to it, even if it is just being driven by corporate activities?
Technically, if they do trade 100m today as you have suggested, they have every chance of finishing the day around the 1.6c mark.
Current volume about the same as yesterday, so one can assume that most of the one-day-profit-takers would be out now.
The shares failed to break the 1c mark several times on the last breakout run...and now that figure appears to be providing a new floor.
Personally I am expecting to see late afternoon buying!
Cheers!
going to skyrocket, page-4
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $34.35M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 26.0¢ | $27.44K | 105.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 113433 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 17744 | 1 |
View Market Depth
| Last trade - 14.03pm 31/07/2024 (20 minute delay) ? |
| GDA (ASX) Chart |