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GML

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7.14%

2.6¢ gateway mining limited

you’re probably right bhp is looking overpriced at the moment

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Cigarsmoker59

271 Posts.

69

27/01/23

07:46

Post #: 65900485
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Originally posted by Seenitallnow: ↑

I think you might be swimming in the wrong investment pool. Try buying BHP you might sleep better at night....negative comments like yours smack of despair driven by the desire to see explosive returns in the short term. This company is a slow burn and only the patient investor prepared to speculate that they can find a sufficiently large resource to attract a larger suitor will reap the longer term rewards if that outcome actually materialises. I hold this stock in a portfolio of many similar speculative stocks. Of course not all will make it but if I've done my research well I only need a few to kick on to be a winner. Simple diversification theory at work but something many retail investors forget about. Hope these thoughts help some of you guys out there who are locked into stocks like GML who have fallen out of favour as the liquidity has drained out of the speculative end of the market. That liquidity will return once the market believes the broader indices has bottomed or specifically for gold speccys the gold price breaks higher and looks sustainable. These are exactly the times when bargains are out there to be had. GLTAH

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you’re probably right
bhp is looking overpriced at the moment

GML Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 2.6¢		Change -0.002(7.14%)		Mkt cap ! $10.28M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.6¢	$7.555K	287.6K

Buyers (Bids)

No.	Vol.	Price($)
1	267031	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	130000	2

View Market Depth

No.	Vol.	Price($)
1	267031	0.026
1	100000	0.024
1	100000	0.023
1	30000	0.020
1	52500	0.019

Price($)	Vol.	No.
0.029	130000	2
0.030	1662535	5
0.033	135691	2
0.035	318592	1
0.038	125000	1

Last trade - 16.10pm 19/11/2024 (20 minute delay)

GML (ASX) Chart