I know very little about share trading, but it seems to me there are just a few big buyers manipulating and hoovering up whatever they can get at these lower prices, which they have been doing since it was announced we are in court with a sizeable chunk of our customer base (good one management), leading up to a further good news announcement and another run up from there.
I would love to know how good that good news announcement is going to be, like maybe CBA does already, but the volumes are still pretty low, so it's probably not that good.
Looks like we are about to break 1.43 resistance. Next stop 1.57 maybe. Not that I can read charts. Just a question of how long. Maybe 3 months at these volumes leading up the dividend (if we ever get another one).
As you might be able to tell, I am not impressed by the leadership of this company. I bought the stock for it's dividend, and the security of my capital with a sound long term management team - more fool me it seems.
I know very little about share trading, but it seems to me there...
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Last
$2.17 |
Change
-0.030(1.36%) |
Mkt cap ! $293.0M | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.20 | $2.16 | $105.0K | 48.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16990 | $2.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 7000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GNG (ASX) Chart |
