Yes some people think posting unfounded hype will keep the SP up in the face of reality.
More seriously, we have no indication that the problem that got GCY into this situation (the resource being 0.5g/t under the JORC estimate) has been solved. Maybe it has, but where is the evidence?
Why The Pessimism ?, page-32
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Last
$1.28 |
Change
-0.005(0.39%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.27 | $5.145M | 4.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39096 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 275738 | 6 |
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| SPR (ASX) Chart |