Australia's largest stock trading and investment forum Australia's #1 stock forum

GNM

Click for more information

0.00%

1.1¢ great northern minerals limited

Volume has been declining since February. Below average again...

First 1479 Last

Share
Profile

Follow
Misschow

1,245 Posts.

237

21/04/17

15:38

Post #: 24197667
Share

Originally posted by stevenjd ↑

it certainly looks to have found some suport at 2.2

i think after the support at 26 broke, perhaps a major holder needed the cash elsewhere.

But sellers have to ask if they are just going to follow the exit door with the new price set by who ever couldnt wait, or they really start to evaluate what they have.

Lets see, what madness there is in suggesting a 10m mc? so we halve in price. That means 5m for the world disruptive ag, and 5m for a large stake of Guyana lithium.

or , what the reverse , that the pfs of the ag triggers a re-rate to 50-60m mc and a tripple of price. then some guyana. and the seller has already taken his pants to the cleaners at 2.2c for his own madness.

In essence, the probability of halving your money, or tripling it. imo.

If this was a 100m mc, with ag pfs, and with drilling Guyana, i dont think would look out of place amongst the two peer projects added together.

Expand

Volume has been declining since February. Below average again today. We need an announcement or something to give us a kick along, otherwise we will die a slow and painful death.

As you can tell, I'm starting to feel sick about this stock. In need of some good news ........... badly! !!!!!!

xxxooo

GPP Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 73 more messages in this thread...

First 1479 Last

Add GNM (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $1.700M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$5	466

Buyers (Bids)

No.	Vol.	Price($)
5	483393	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	17626	1

View Market Depth

No.	Vol.	Price($)
5	483393	0.011
5	1629995	0.010
3	493330	0.009
6	1739995	0.008
2	229999	0.007

Price($)	Vol.	No.
0.012	17626	1
0.013	144435	1
0.014	200000	1
0.015	50000	1
0.016	166000	1

Last trade - 15.32pm 04/07/2024 (20 minute delay)

GNM (ASX) Chart