Since the consolidation the share price has performed just the way one would like it to.
On day one they sat back and waited for those that wanted to sell. There was only less then 200,000 traded and only a few got sold down to 14c
Day two was a repeat of day one. Just over 100,000 were traded around the 17c mark.
Day three we saw some genuine buying come in and some decent support around the 20c has mopped up the loose stock.
So often when a stock has consolidated the share price drifts back. Glad to say there is interest in this story and this does look like going higher even with no news.
The big players who have positioned themselves at lower levels have done the job in making sure it has not fallen away. News will eventually come and I think a higher share price is a only a matter of time from happening.
Happy to sit tight and see where this takes us.
GEV Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
