GMD 1.59% $2.56 genesis minerals limited

Big volume again without any news. The way this stock moves it...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 483 Posts.

    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?
 
watchlist Created with Sketch. Add GMD (ASX) to my watchlist
(20min delay)
Last
$2.56
Change
0.040(1.59%)
Mkt cap ! $2.392B
Open High Low Value Volume
$2.54 $2.57 $2.53 $1.997M 782.2K

Buyers (Bids)

No. Vol. Price($)
16 21976 $2.56
 

Sellers (Offers)

Price($) Vol. No.
$2.57 28504 26
View Market Depth
Last trade - 12.19pm 28/11/2024 (20 minute delay) ?
GMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.