When and if the directors start buying again, because they know the well is going to be economical, then maybe that will be an indicator - green light that will kick off the SP to new highs.
When Charles Morgan purchased, I think around last December from memory at around 0.7 cents, I purchased when I saw this news at 0.7 cents, and the SP rocketed up to around 1.8 - 2 cents not long after that.
I have since traded out of that position but still hold a parcel purchased in 2007 at around 8.5 cents of which I am well down on and will just have to hold on to them.
If the Directors started buying again, then that's when I would maybe consider taking another short term position in GGE. But I would do so with great caution.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.576M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7336169 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 3881124 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 7336169 | 0.003 |
13 | 8033675 | 0.002 |
9 | 10700009 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3881124 | 7 |
0.005 | 5804097 | 17 |
0.006 | 2985166 | 3 |
0.007 | 1563480 | 2 |
0.008 | 1041884 | 3 |
Last trade - 16.12pm 06/11/2024 (20 minute delay) ? |
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GGE (ASX) Chart |
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