Anyone got a view on how the share price might perform in the first 2 weeks should a positive announcement eventuate?
IMHO, based on recent positive announcements, the share price may jump 25% to 30% on a positive announcement .... ie. jump from $16 to between $20 and $21 on the first day. Trade a little around this upper level and maybe pull back a little to around $19 ish.
The a few days later as the market digests the news, we may see another upward push over the following week towards $23-$25 level.
Then Christmas / the holiday break and it may hover around $23 to $ $25 until Feb 2024.
Just my wishful thinking ....
Any one else have a view on how the share price may play out between now and the end of Jan 2024 should a positive PMS result be announced this side of Christmas?
GLTA
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$19.47 |
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$19.58 | $19.85 | $19.23 | $9.536M | 488.1K |
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3 | 1770 | $19.41 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 6019 | 19.400 |
1 | 1137 | 19.380 |
1 | 1024 | 19.370 |
1 | 1948 | 19.360 |
Price($) | Vol. | No. |
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19.540 | 728 | 1 |
19.600 | 3106 | 3 |
19.650 | 1948 | 1 |
19.700 | 2048 | 2 |
19.760 | 5148 | 2 |
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$19.51 |
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