Big volume again without any news. The way this stock moves it looks a lot like the buying and selling is on insider information.
They have a good strategy to become a gold miner and should be making money by q4 but the information they give to the market is vague at best and it seems to be a case of the big boys sharing information off market and manipulating the share price. They have a lot of options below current market price and it is in their best interests to use them before they run out.
Buying opportunity for those wanting to get in lower.
I also have some concerns about how long it takes the company to get anything done and provide the information to the market in a timely fashion.
Anyone else out there with views on the current state of GMD?
Ann: Information Required Under ASX Listing Rule 3.10.5A-GMD.AX, page-5
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Last
$2.50 |
Change
0.020(0.81%) |
Mkt cap ! $2.392B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.53 | $2.49 | $6.193M | 2.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31923 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 119324 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |
