re: gtp coming into [monthly targets ] and ?
Ok been doing some figs on gtp again . looks like the weekly is still down but don't panic yet as the boys will want it to finish the month around 1.56 or above , which is this months open and last months close .
An early sell down in Oct is more than possible but it won't take out the monthly lows .
Early Nov is divvy time so the price will run up from OCT lows to the first week in November so the boys can get the present divvy plus 2 more for next year within a 1 year time frame . ie; divvy declared of 0.05 for this Nov plus a March divvy plus another divvy next Nov . On present figs this will be 0.12c fully franked plus maybe a higher divvy next year ? thoughts only above . ge
GTP Price at posting:
0.0¢ Sentiment: None Disclosure: Held