In last two days almost 14 million shares have changed hands which is extremely high volume for gla.
Only 10 million been sold sine 1 Nov 11 when share price was 15 cents.
In spp, 70 million shares been taken by share holders which I believe must be in massive losses due to continue decrease in sp.
An interesting point to note, it has never produced any bad results rather extremely good drilling results.
I think at these levels with half of cash backings, extremely high volumes, directors massive intake of spp, only 200 million shares, good proven resources and other factors makes it a great buy.
I am buying GLAO with target price of 4 cents.
DYOR
director takes up $520k worth., page-33
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.61M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $2.516K | 167.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 273064 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1600000 | 2 |
View Market Depth
| Last trade - 13.22pm 20/11/2024 (20 minute delay) ? |
| GLA (ASX) Chart |
