Conspiracy theories, no chance, I was in the CR at 8c and i havent sold darn it, would have brought back at 30c for sure. and there's no seed capital es-crowed as the companies been around for 10 years or more as DMI. Now there might have been a few smarter than i sellers but basically the run up to 60c odd was crazy in the first place and i also felt the greed and did not sell even though i knew it was silly stuff, i was praying for a huge hit but alas that's the nature of exploration. so the run up was crazy and the run down was crazy i think fair value right now is probably closer to 50c. But WTF do i know i did not sell idiot.
Im not overly worried thou i think it will bounce back and with a greater understanding of the geology of the area.
i think its perfectly explained by DT piling on and piling off just like lemmings.
What we should do is shoot the ASX for stopping speculation on a spec stock might have made $1.00 then i would have sold for sure. i thought that's what you where suppose to do in a spec stock. seems to me a bit like Christians and Muslims killing each other over what happens to you when you die.
Plus we still have to wait for the end of the hole, i hope they reach the basement and dont pull out of the hole as the brine continued in hole 1 into basement (i think porosity dropped of thou).
So you must remember 30 % of the stock traded at most and as you say at 7000 shares at a time was that on the sell side or the buy side ? who brought all the way down, think it was the same shares changing hands and it was also particularly funny how it rose at first set of trades on the day of the announcement, was that smart investors or day traders just blindly jumping in on an apparently rising stock. DT i think often set stop losses and they had the hell triggered out them which then caused the tumble. i think they will kick them selves in a months time. when we drill again and might even do it if we hit brine in this hole.
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.50M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $232.3K | 1.669M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 2178553 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 746751 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.115 |
7 | 472031 | 0.110 |
11 | 947628 | 0.105 |
25 | 1490999 | 0.100 |
2 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1573785 | 9 |
0.130 | 254710 | 7 |
0.135 | 293280 | 3 |
0.140 | 225541 | 3 |
0.145 | 344396 | 6 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
GLN (ASX) Chart |