GJ
I thought the weakness over the last couple of months in the share price may have been due to Tata (directly or indirectly) selling into the market trying to lower the price such that they could negotiate a better entry price for their significant investment. If not Tata the price I believe has been shorted and GDY is not alone in this current market.
I don't believe the fundamentals of the story have changed so I bought some more.
I must admit that the current price movements have unsettled me to a degree but if the stock is still on track to be successful as expected this presents an opportunity. Over time I have found these represent some of my best investments and on the odd occasion my worst.
Go GDY
Cheers
HJ
GJI thought the weakness over the last couple of months in the...
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $2.904M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $102 | 20.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 11076670 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2512320 | 5 |
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| Last trade - 15.34pm 23/07/2024 (20 minute delay) ? |
| RNE (ASX) Chart |