Since 2015 GRB has sometimes surprised me with how volatile it is. In the past I have played the peaks and troughs a bit, but generally that takes more time then it is worth for me.
It is a small cap company and if somebody decides they want out for whatever reason that may have nothing to do with GRB itself, it is going to push the price down. Basic supply and demand.
Of course the fear is that somebody knows something that the general market does not. That is possible on the ASX, but the company has just come out and said that is not the case. Who knows.
However at these prices I am switching my sentiment back to buy. There is a lot to like in the GRB story at the moment.
GRB Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held