GRK 0.00% 0.2¢ green rock energy limited

Ann: Mahenge North Graphite Tanzania Corporate Update, page-36

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  1. 236 Posts.
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    Interesting day today ........ a standoff developed between buyers at 0.4c and sellers at 0.5c. However, by close of trade today selling volume had accumulated to 25M at 0.5c and buying volume remained at 20M at 0.4c. With the absence of many buyers willing to venture up to 0.5c later in the day, selling volume has continued to accumulate with those wanting to make a quick profit after share placement at 0.3c. It took all day but on close selling pressure started pushing trades through at 0.4c. Personally I think the selling pressure that has been building will see more trades go through at 0.4c (my read on tomorrows trading but I could be totally wrong!!)
 
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