Post by
flamingogold on Sep 26, 2024 2:04pm
More to come...
$100 is still only $4 pre-consolidation and 39.5% below the 2018 high of $5.58. That is my first sell target. There are many catalysts still to come that will get us there and beyond. The big one will be a credit rating upgrade to investment grade and after that a return of the dividend. Both these will increase the appetite of large funds. GLTA.
Comment by
Nordico on Sep 26, 2024 3:27pm
The $100 mental barrier is why I will forever be annoyed that Bomber management opted for a 25-1 reverse split instead of say 15-1. We'd likely be trading at a notably higher market cap right now.
Comment by
vonSachsenanhal on Sep 26, 2024 4:02pm
We cracked this "mental barrier" for the first time. Now it's gone. Onwards and upwards!
Comment by
flamingogold on Sep 26, 2024 4:07pm
Yes, a close of $100 exactly, not a penny more. Certainly seems manipulated though for that to happen.