Amigos, with every trading day that passes I think we are seeing selling of shares by people who have "inherited" free shares or by people who simply want to hold the options. Also we see the the shareprice of many junior gold explorers is gaining momentum, and that may be tempting for some GRL holders to sell and look for greener pastures. But as RED328 points out, there is a philposophy at GRL (and ARL) which 1) looks after the shareholders who are in for the longtem, and 2) uses techniques such as loyalty options to minimise dilution. New chums need to realise it, IMO, in order to understand the current phase that GRL is going through.The shares being bought at the moment are going to people who will hold for the longterm, IMO. Sooner rather than later this type of trading will dry up. Then, the joker in the pack will be the drilling results from the three prospects that GRL is drilling now or will be drilling in a month or so. If some good hits are announced in this current surge in the gold price, there will be a real lack of shares on the sell side. As a result, gains in shareprice may be very rapid, IMO. Good luck to all.
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godolphin resources limited
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Amigos, with every trading day that passes I think we are seeing...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.386M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1312878 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1312878 | 0.011 |
10 | 4172804 | 0.010 |
8 | 3207115 | 0.009 |
5 | 912624 | 0.008 |
8 | 2314513 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 200000 | 1 |
0.013 | 428154 | 2 |
0.014 | 990432 | 6 |
0.015 | 386070 | 3 |
0.016 | 380000 | 3 |
Last trade - 10.36am 31/07/2025 (20 minute delay) ? |
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GRL (ASX) Chart |
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