There is always going to be quick profit takers and shareholders that have waited a long time to dispose their shares at these record high levels.
I thought we could have a better run today but looks like I was wrong for today.
Sometimes investors think if the CR was raised at 6.5c per share, that is where the true value of the shares are at. However $2.03M worth were purchased. At that price you would expect at least a 20% - 30% discount of the real value. I still think it is a bargain under 15c and today I have scooped up some more under the 8c. So I am happy.
Time will tell. But it seems we are in for an interesting journey.
GGX Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held