But if you look at this from a TA viewpoint, in recent days, GIP has bounced off a lower trend line and yesterday crossed the 18 day SMA. cso1 posted an excellent chart at the time.
That in itself would be a good enough reason to buy for some technical traders.
Would the bounce have happened without the news? Who knows. It's all a bit chicken and egg.
I don't feel let down. I'm happier holding my shares than I was yesterday. Well done to all at GIP for the quick work on the Eritrean samples. They get a hard time when things get delayed so I feel it's only fair to give them credit when they deliver a pleasant surprise.
Having said in early December that I fancied a fall to 6c followed by a rise to 12c, I make this a ST Buy again. Wheee!
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.054M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2783762 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 699508 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2783762 | 0.006 |
4 | 1026833 | 0.005 |
5 | 10300000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 699508 | 2 |
0.008 | 3034804 | 6 |
0.009 | 14606480 | 6 |
0.010 | 18243194 | 7 |
0.011 | 1000000 | 1 |
Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
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