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Good to see, will tick up soon then off we go
I did wonder it was for 2.74 which obviously seems wrong
👍
Gudge, I don't think so mate... looks like a typo error mate
Looking good for a tick up
Someone just bought 500k?
Fat finger trade?
Now with good volume at 5.75..... They will have to let this loose soon :)
Some decent buys at 5.75. Not enough yet for break out.
But no friday yet ;)
Buying has been there the last couple of weeks and been dropped by MMs.
It is a matter of time and we have lift off, send us some news!!!
Liquidity is low here . So all we need is no more selling and a bit of buying;)
So eveybody here done selling ? Lets be honest guys amd girls
….. c’mon mm’s. Let this gooooooooo!!
Charts are nonsense. Rampers & derampers can both read the same chart & spin its meaning to suit either of their agendas
If those percentages are honoured on approval, then the figures on the multi-billion contract are absolutely staggering...
Multi, Multi bag from these levels and truly life changing for many.
Not just a ramp, FACT!
GLA
ManuDave, yes it was really good to go over the PowerChina RNS's this morning and it reminds me how big this project really is and that the….
Proposed Solar Project - Joint Development Agreement, GCM will hold 50% interest
Joint Venture Agreement with POWERCHINA GCM will hold 80% interest
That is massive just in its self, and that’s without all the other parts of the project coming together,,…
I wonder if all these percentages will remain the same when/ if we get approval …
What do others think?
I go for Friday
I know you think that GP but I say China does not like being the junior partner and a big infrastructure player could self-fund and move ROI away from PC over time if they lose control of the boardroom. I also think Bangladesh and PC will make sure the project is demonstrably going to benefit Bangladesh so will want to exercise maximum influence over commercial terms.
Spot on Doze. Which is why I think we’ll be bought out.
Yep, excellent post doze, and so true!!
PC control is via the backing of Xi/China and imo will not be seen dealing with a big John Laing for instance as Xi likes to pull the strings and does make things happen which is good. I am not anti China as far as their vision and hard work is concerned. GCM is the shell for PC activities, they may not be the legal owner but the contracts make GCM the vehicle for channelling the revenue their way which is how they operate. Approval has to come if Bangladesh is to benefit from China.
Yup ...but the traders here are still working the sell side otherwise sp would rise simple
Herd mentality. Enough people (traders) need to be engaged and to buy in to them for the move to happen.
Due to its swings, GCM is a traders dream although sometimes difficult to enter and exit due to liquidity (improving though). Let’s see if they are watching today.
Only thing that will push the price forward is the smell of phulbari approval. Until then it will probably stay put.
How reliable are the charts really? We keep hearing this and that about why the price is about to move, but it never does (when predicted). So how do the charts “work”??
* Buy 😂😂😂😂
….. appearing in multiple indicators 🤞🤞🤞