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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > No one selling
View:
Post by scienceguy36 on Nov 01, 2023 3:47pm

No one selling

Lowest volume traded that i can recall seeing.
  • LAST PRICE
    0.8200
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
 
  • Bid / Lots
    0.8100/ 334
  • Ask / Lots
    0.8200/ 621
  • Open / Previous Close
    0.8000 / 0.8200
  • Day Range
    Low 0.8000
     
     
    High 0.8200
  • 52 Week Range
    Low 0.7900
     
     
    High 1.4500
  • Volume
    70,564
    below average
 
Historical Stock Quote Table
Day Date Open High Low Close Volume*
Wednesday
November 01
0.8
0.82
0.8
0.82
70,564
Tuesday
October 31
0.82
0.82
0.8
0.82
866,356
Monday
October 30
0.82
0.83
0.8
0.82
828,093
Friday
October 27
0.83
0.83
0.81
0.82
203,472
Thursday
October 26
0.82
0.83
0.80
0.82
543,351
Wednesday
October 25
0.82
0.83
0.81
0.83
444,340
Tuesday
October 24
0.84
0.84
0.81
0.81
454,763
Monday
October 23
0.82
0.83
0.81
0.82
706,243
Friday
October 20
0.84
0.84
0.82
0.82
567,693
Thursday
October 19
0.84
0.85
0.84
0.84
564,481
Wednesday
October 18
0.85
0.86
0.84
0.84
361,258
Tuesday
October 17
0.83
0.86
0.83
0.84
571,493

Comment by tylerreddick on Nov 01, 2023 4:08pm
Looks more like no one buying.
Comment by Roscoe747 on Nov 02, 2023 11:31am
No one is selling because there are no buyers. If the bid is hit, it lowers a cent because it can. GXE lost its credibility in the trailing 12 months in its relentless drive to obscurity. The Hail Mary play now is a strategic initiative that may or may not work. If no business arrangement can be found, GXE will need to dedicate cash flow to capex to extend its meager RLI.
Comment by lovehockey on Nov 02, 2023 12:32pm
There are no buyers and there are no sellers at these prices. The reason why is because GXE SP is completely disconnected from the market and fundamentals. I have seen the same thing before with my darling Athabasca Oil. In 2020 ATH share price was idling around 11 cents per share (I must mention it went on for around 4 months) and the daily volume on TSX was superlow hitting only 12000 shares one ...more  
Comment by pleazu69 on Nov 02, 2023 2:20pm
There is volume everday your only seeing the tip of the iceburg when looking at the TSX many of the trades are being pushed to the alternative trading platforms https://i.imgur.com/Jtz2es8.png
Comment by lovehockey on Nov 02, 2023 2:26pm
Half or more trades happen on TSX. Other exchanges typically have miniscule volumes.  BTW, this is the link. https://www.stockwatch.com/Quote/DetailM.aspx?C:GXE
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