Ever since the Catherine Davey technical report on Investorweb (6 Dec 06), GCR has free falled to a 4.9c. In her report, it states
"A possible recovery is one track unless GCR closes below 5c. A close above 12c and there is a first target at 20c."
Interesting that GCR closes at 4.9c for the week so soon after this report. False break on the downside from a manipulated selloff? I don't know, but I wouldn't mind betting that someone has used the report to increase uncertainty re: GCR resumining downward trend.
To say the least, the recent sell off has been a curious event, especially after such a solid announcement. I am not aware of any recent news to validate such a selloff.
manipulation
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.194M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 29571783 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 924113 | 2 |
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| Last trade - 15.16pm 08/08/2024 (20 minute delay) ? |
| GCR (ASX) Chart |
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