GPR 6.25% 3.4¢ geopacific resources ltd

Guess the only question I keep pondering is - where is the...

  1. 1,030 Posts.
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    Guess the only question I keep pondering is - where is the bottom?

    With the top 20 holding roughly 80% of the company, unless they start buying or selling, I can't really see much SP action until we get closer to production. I guess there's still around 400 million shares outside of the top 20's hold but I've personally never seen over a couple of hundred thousand traded in a single trading day. Definitely not a place for the day traders, which I think is great. Maybe later though. With the DFS and ultimately production still a fair way off, I'm fairly sure a few impatient holders will offload in the nearer term. I'm in no rush to buy more just yet.

    However, we never know what might come out of left field. With 2 of our top 20 being mining finance companies - and with Ian Clyde and Phillipa Leggat on the board - who knows what might happen re acquisitions. And then there's money from the recent CR that's set aside for more exploration in Cambodia and Fiji.

    Are you trying to pick the bottom too Opty?
 
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Last
3.4¢
Change
0.002(6.25%)
Mkt cap ! $25.17M
Open High Low Value Volume
3.3¢ 3.4¢ 3.2¢ $3.311K 101.1K

Buyers (Bids)

No. Vol. Price($)
3 928000 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 214180 2
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Last trade - 15.33pm 06/11/2024 (20 minute delay) ?
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