I agree, it's been while since we haven't seen the usual 4.10pm trade. Also, I noticed the BOTs weren't around today. Looking at the trades it would seem we have a few new investors coming in. The buy to sell ratio really shifted today too (56m on the buy side and 39m on the sell side). This is a good sign. I much prefer announcements like this which result in 1-2 pip increases. it builds confidence and increases the foundation in the SP in my N1 opinion.
When things become volatile, the SP then pulls back really quickly and creates doubt, which also brings in the pumpers and dumpers, who do a good job and manipulating the weaker investor.
Great work GPP, it was a good announcement and the the SP today supported that.
I agree, it's been while since we haven't seen the usual 4.10pm...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.855M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2300000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 20200 | 2 |
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| Last trade - 16.12pm 17/07/2024 (20 minute delay) ? |
| GNM (ASX) Chart |
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