Its been an interesting stock but on a number of counts I wonder if the writing is on the wall.
Technically there is absolutely no case for this stock once it fell below its key base at 50c.
GTP has always been a strong technical stock (as those who have followed it and my postings on it in the past would know).
At these levels it looks to me that the companies share price has sunk far further than mere market turmoil would account for.
I suspect its game over. Either someone is going to see value in the wreckage (possible but not in the current market) or the share price will slide into obscurity and suspension.
My call is the later. But that is my private opinion only - do your own research or seek professional advice (fwiw, lol.)
GTP Price at posting:
27.5¢ Sentiment: LT Sell Disclosure: Not Held
