In these sorts of plays the long term holders are the ones that most need to buy at these levels to average down but most of the time they don't because they've seen it all before and don't have any belief.
For new holders buying in at these prices it's always going to be a nice win.
The additional $550k placement; probably some mates they or the broker are looking after - I'm fine with this as they're buying at the same price as me - but again for long termers it's another negative.
Anyway, we'll see how the new Board/Management go.
Should be all systems go shortly.
I'm very happy buying in at these levels.
Cheers,
GB.
(Spec) Gold Turnaround Story of 2018, page-6
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Last
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Mkt cap ! $10.50M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $4.873K | 423.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6315095 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1940474 | 7 |
View Market Depth
| Last trade - 15.44pm 15/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.1¢ | 102000 | ||
| Last updated 10.06am 15/05/2024 ? | |||||
| LCL (ASX) Chart |