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1.1¢ great northern minerals limited

Potential of GPP, page-130

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77007

1,695 Posts.

27/06/17

18:02

Post #: 25522233
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Originally posted by fluro2au ↑

I think the announcement they made on the 15/2 was the catalyst for the drop in SP. It planted the seed of expectation into shareholders minds (OHD will result in a 300% increase in whatever they fertilise...) that then led to the latest announcement being a disappointment with the OHD trials only showing a 21% increase (as opposed to the 300% increase). Even though a 21% increase is still very good, this announcement on the 15/2 created the wrong expectation, but what was lost in the noise was the cost savings, it never really was discussed in detail, yet for me this is the biggest winner.
The down rampers had a field day with this one between the 2 announcements.
In saying all of that, the last announcement was very good and it still remains a good announcement that move the company in the right direction...I just wish this announcement below was worded better.

Just have a look at what the SP did on the 15/2....The announcement caused this massive overhyped increase in the SP, subsequently, the announcements that followed I feel were then set up to fail.

View attachment 625839 View attachment 625866

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They only reported the facts

Last edited by 77007: 27/06/17

GPP Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $1.700M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$2.017K	183.3K

Buyers (Bids)

No.	Vol.	Price($)
2	2030229	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	16136	1

View Market Depth

No.	Vol.	Price($)
2	2030229	0.011
6	1720994	0.010
3	933330	0.009
6	1739995	0.008
2	229999	0.007

Price($)	Vol.	No.
0.012	16136	1
0.013	144435	1
0.014	200000	1
0.015	157000	2
0.019	210000	1

Last trade - 12.06pm 05/08/2024 (20 minute delay)

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