yes I think the sell off now at a low prices certainly increases and possibly maximises the fomo in the event of a great result especially as so many have apparently free carried. there could be a rush to get in the lift if youve just dumped half you holding for 1c when there could be 25c plus on thei table.
personally I think the consideration is
1. it’s a hit so good gas flows - 15c (Tuesday)
2. Wire logs suggest 7tcf or more - another 10c so ~ 25 (1-2 weeks)
3. takeover / project buy out (conditional) think this gets glv to be ~40c to maybe 80c in the hype of one or maybe another offer. 1-2months
yes let’s get the hit in the books first but then lots to consider for holders.
yes I think the sell off now at a low prices certainly increases...
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $1.216M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $210 | 84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 15734589 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13994631 | 12 |
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| Last trade - 14.48pm 01/08/2025 (20 minute delay) ? |
| PRM (ASX) Chart |