One never knows. We've seen fundamentally/news wise unwarranted spikes shortly before general meetings not too long ago. Could have happened in order to ease the pressure on management for a couple days.
We all know Gippsland is in need of another round of financing. Several questions come to mind...
Will they pull another Gandel-like trick? (possibly)
Will they try to prop up the sp in advance? (sure they will)
Will they do it by just issuing more meaningless news re Erithrean and/or Saudi projects, or will the actively engage in massaging the share price more directly?
How much additional dilution this time?
Another possible explanation for GIP's sp is they're profiting from the much increased interest in REEs and Tantalum in recent days. Take a look at Arafura, Ram Resources, etc... a rising tide lifts all boats.
joy-stick
One never knows. We've seen fundamentally/news wise unwarranted...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.65M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 500000 | 2 |
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| Last trade - 16.12pm 18/11/2024 (20 minute delay) ? |
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