Bit disappointing (to say the least) that the share has sliced straight back through this former resistance on very first attempt when it took 8 consecutive tries to break this level.
8th consecutive day where we're having ago at breaking out of resistance around 23.50-23.60. Hopefully when we finally do this becomes solid support
Strong close, let's hope we continue the momentum tomorrow.
Seems a lot of resistance at the 23p+ level. Thought the way gold is acting that this would of broken out and pushed on.
The Directors should be held accountable for organising a total shambles where nobody knows how to value the shares.
Exactly. Why is everything so opaque and complicated in the World of shares? If the average person cannot comprehend what something means they should not be able to publish or go down this route. The FCA really need sto up its game big time and get behind individual investors.
It is annoying that this has happened twice in the space of 6 weeks mind. It does make me a little wary of the share. Hope it's not going to be a regular occurence, looking over our shoulders waiting for the next time for it to happen. On the plus side hopefully it puts a floor on the sahre around £1.40, but I'm not impressed by these shenanigans.
Similar happened on 7/2/22, at exactly the same price, £1.40 and the share tanked the next day before recovering. As you said, there does seem to be a legitimate reason for the sale, so let's hope we;re not hit so hard this time. Frustrating after breaking out of a bullish triangle pattern.
I just hope people pay their bills. Invested, but that's the concern for me
So much for $1920 - like a knife through butter. Very disappointing
Couple of analysts I follow say support at $1920, then $1900, so we'll see.
Wow. Didn’t expect this to go below £1 again. WTF is going on? It’s not like CEY has gone on a massive run or anything!
When do the buyers come in? Is there something going on behind the scenes we don't know about?
Down through £2. All too complicated for me, wish I'd never got involved.
........... why is this not moving up along with the price of oil and other producers?
Has the board nothing to say regarding a share price that has gone from £4.80 to £2.17 in less than 6 months? It's a disgrace.
Maybe the fighting around Chernobyl has spooked the share price?
Held but got stopped out a couple of days ago. Now fallen through 300, with daily average voulme already met.
In fact this news from the Iraqi government came out on the 15th & a reply from the Kurds on the 16th. Surely GKP would of reacted by now?
But this news came out while the market was still open & although GKP dropped today it didn’t appear to be panic selling? Are you afraid GKP may themselves issue an RNS tomorrow?
Luckily (as far as I know) we don’t have to pay any unforeseen tax on our dividend like FXPO do with the Swiss Withholding Tax - 35% I think. There you should sell before ex divi.