RE: Lots of reasons this is so much down22 Jun 2025 20:35
Browns, I wouldn't read too much into the "large" percentage swings you quote, albeit they're all down. They move up in the same manner
The reason is very basic, it's down to the tick size. This is very, very common on penny stocks. The tick size is the minimum amount a stock can fluctuate by. With GSCU that tick size is 0.1p on a stock price of about 3 pence, so every tick is literally a 3.3% swing. Add into the mix that the spread on thinly traded stocks like this is often 2, 3 or even 4 ticks apart and you can easily see how a 6.7% swing is literally a non-movement.
Hope this helps.