Although this is my first post, I regularly follow these threads and I would like to thank the serious contributors for the interesting research and info. The way I read the situation at the moment is that GGG seems to be in negotiations on a merger or acquisition. There must have been a leak which led to the major price movement of last week. There has been a retrace due to the profit taking by those investors who are in for the short ride, but now it seems that this is over and even small volume is pushing up the price. What is baffling is why there was need for a halt in trading when the Company saw the price going up. Could this mean that there was a worry that the market price would exceed the price being negotiated? This would be bad news. Could there be some kind of interest from FinnAust?
GGG Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
