Happy New Year ABLM. As yet no Substantial Holder notices to explain the energetic seller/buyer scenario we have seen playing out last 2 to 3 of months. IMHO would definitely not be surprised if JPM, our number one SH, are creating and taking advantage of volatility to build on their position. JPM have some renown for SP shenanigans in the small cap sector.
The GCY story remains strong and getting stronger all the time.
I have taken advantage of very low SP to again increase my holding. With Aus $ weakness, POG moving up and a tight register GCY is primed for big 2107. I also believe that baring extraordinary results from recent Glenburgh drilling or Dalgaranga resource update we will not see any significant upward movement in SP or volumes until development funding in in place. Then, stand back as the major funds move in! Wild card is as always the TO option. Margin is KING
Happy New Year ABLM. As yet no Substantial Holder notices to...
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Last
$1.06 |
Change
-0.035(3.20%) |
Mkt cap ! $1.173B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.06 | $6.292M | 5.854M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3816 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 49362 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |