What have we learnt since the break through 10c?
Obviously caused by disappointed holders and the Israel missiles last Friday did the rest. Now back above Friday pre-sell down level of 8c.
Therefore no immediate Cap Raising and no sell down by those invited participants.
No cover up of any negative news or data.
Just pure old fear of losing today replaced by FOMO today.
Highly likely some of the anxious ones now buying back to limit the mistakes made and a small chance that some US investors are loading up. If there is not the usual sell off in the arvo that may even turn to a high chance.
Until 10:05am this morning charts suggested the sp decline to continue. Now HC posters back talking about sp in $ range. Can anyone tell me when was the market RIGHT? This morning or now or never?
One thing is for sure and that has been since I started here in May 2015, IMU is a beast, we can never be sure about what happens next.
GLTA
GLTA
What have we learnt since the break through 10c?Obviously caused...
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Last
8.0¢ |
Change
-0.002(2.44%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.3¢ | 8.0¢ | $726.7K | 8.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1382270 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 294811 | 10 |
View Market Depth
| Last trade - 13.23pm 06/05/2024 (20 minute delay) ? |
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Last
7.9¢ |
Change
-0.002 ( 3.66 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.3¢ | 7.9¢ | 4259193 | ||
| Last updated 13.42pm 06/05/2024 ? | |||||
| IMU (ASX) Chart |