On one hand it feels a little bit orchestrated, I mean what a way to pick up 10 million shares on market at a significant discount, I was in the que hoping to pick some up on the cheap too, but like I asked a few days ago, did the trade actually happen off market? Would hate to think that anything was with held from the market to allow Mr Burton to get those shares as cheap as possible.
On the other hand its good to see that they went to a major holder who has had a fair bit of coin tied up in GGE for a while, and will most likely not look to dump the 10 million when we hit 2c .....
Hopefully now we can get some decent announcements happening, fair few of us have been here for a while, and it would be nice to come home to see my GGE screen nice and green with volume through the roof.
As a side note..what is with the 2.44pm trade for 125 shares for $1.35. How is that even possible - we just went through this 2 month process to get rid of all of the unmarketable parcels and some joker or bot or whatever manages to put through a trade of $1.37 come off it!
I am really becoming quite cynical with this whole Stock market thing - its all becoming quite illogical.,,,,
Noof
GGE Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
