With all due respect, i don't think you can call 3 days of green a "trend change"
Its the middle of a cap raising, whereby prices can and will be manipulated, at least up until it closes today.
The only way you will see a "trend change" is when the company is cash flow positive...ie they are making more then they are spending
If you see that, then yes...it could well be game on...
But all i've heard from the company so far is cash flow neutral..that's not positive
At the end of the day even though the debts have been delayed, they still have to be paid,
Worth bearing in mind,
GLTA
With all due respect, i don't think you can call 3 days of green...
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Last
$7.89 |
Change
0.000(0.00%) |
Mkt cap ! $7.374B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 180 | $8.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.50 | 2715 | 3 |
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| Last trade - 09.50am 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
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