Ann: U.S financial backing to advance key projects, page-89

Last week I suggested that we should take a look at what GLN's doing re announcements and PR and their SP.
Well, yesterday and today we are seeing what happens when you make announcements without enough substance after you have created a frenzy with the ST punters and developed a FOMO mentality.
Well, it burst didn't it? Instead of their anticipated 70-80 price surge, they got back down to 40 and so far there have been no less than 963 trades just on Commsec. The FOMO has disappeared and the ST punters have deserted the ship in panic proportions, keeping in mind that GLN has an extremely low issued capital and is tightly held. Will they come back, who's left to support the SP.?
Yet, they still have a MC of over $50 million with what they have announced so far, after just one hole!!!! LKE's just $22 million.

I keep saying, that we should not condemn our management for lack of announcements and creating expectations, we either trust them or we don't. The news has to come, be it good or bad. But let's make it real, no hype.