All is good here, progress is constantly being made. It is just the sp that makes holders worrying as many associate a sinking sp with poor performance.
In this case it is about valuation based on income ONLY which IMU hasn't got yet. In market conditions, when only PE based valuation count, potential or peer valuation is considered to be zero.
Hence the broader speckie stock sp falls, not just IMU. Obviously 60c was way too high, 16c currently considered to be fair value. Could fall further, who knows, but will rise very quickly once market sentiment is switched back to " risk on " in a few months / years? time. Of course, any decent upfront payment or CF33 anns will turn around the sp here instantly.
GLTA
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $364.4M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.9¢ | $95.09K | 1.940M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 398011 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 2623636 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 939757 | 0.049 |
92 | 13270532 | 0.048 |
59 | 6703974 | 0.047 |
31 | 4436886 | 0.046 |
54 | 5093365 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 1873344 | 16 |
0.051 | 1155393 | 5 |
0.052 | 979855 | 7 |
0.053 | 1324182 | 10 |
0.054 | 1092392 | 7 |
Last trade - 10.23am 17/10/2024 (20 minute delay) ? |
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