9.7 high to 6c close tells me there might be some more selling till it finds a bottom.
Also...the sneaky 2,000,000 sell order placed 5seconds before the market closed at 5.7 to give a 6c close means could be a lot more.
Dissapointing that sellers ran it down so much...gives the stock that dump taste in the mouth if people are so happy to tkae a 4c discount to the days high and still be making heaps.
Good on them though...probably still making 6 times their money....just paints potential new buyers a solid picture of the sell mentality.
GDA Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held