I'm no longer a holder, held for a little over 12 months recently and sold out with an excellent profit and still like the stock but there are plenty of sellers on the sidelines ready to dump in the 50's. She may be good to about 52-53 but then real selling pressure starts. Never seems to be able to release a positive announcement, always dissappoints.
If the $A keeps high that also keeps a lid on the stock price as this suppresses the reportable profit in A$ terms. May have turned a corner but have felt that quite a few times over the last couple of years with this. Keep on watch but I wouldn't bet the house on it....
***circling the globe*******, page-2
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Last
$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.92 | $2.90 | $5.551K | 1.914K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8692 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 548 | 1 |
View Market Depth
| Last trade - 15.53pm 10/05/2024 (20 minute delay) ? |
| GLB (ASX) Chart |