You'll get no argument from me about the worrying lack of feedback from management here, personally I think maybe certain board members have their fingers in way too many pies and GLF is the neglected child.
However that doesn't change the fundamentals and I think the SP is a reflection of this.
The SP has (hopefully) found a bottom and it's not really going to take much for the SP to climb quite rapidly if we get a positive announcement. There also quite a few big orders down at 15 and 14, which I would put down to bargain hunters putting in a cheeky order hoping it'll get filled by nervous nellies.
There's a gap between 17 and 19 again and it'll either get filled or just gap down again give that we've got a fair stalemate between the bulls and the bears.
I can't see the stock doing much until we get some concrete news and some answers from management about pricing for the vermiculite. I think any positive news which can break the price through the 20-21 barrier will signal a technical breakout and we'll probably see quite a few buyers enter the scene quite rapidly.
GLF Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
