This is being very well played.
The seller has been dumping, waiting for support, then dumping again. Been clock work for the last week or so.
How low will it go? Well at the moment it is in free fall and anything is possible, but at this rate and based on relative MC, I see it going to the 6-7c mark. Which mind you is still a 350% rise on the IPO from earlier this year.
It will be interesting to see how much support comes around the recent placement price of 8c.
I will continue to watch this and look for a re-entry in the near future.
GLTA
Panic Selling?, page-217
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.24M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64999 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 26342 | 1 |
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| Last trade - 08.03am 11/11/2024 (20 minute delay) ? |
| NOR (ASX) Chart |
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