GTG 0.00% 1.1¢ genetic technologies limited

For serious GTG investors

  1. 1 Posts.
    Recent share price rise is merely confirmation that the license fees will be paid. The market will be surprised at the value of future licenses.

    The odd parcel of about 100k will continue to be dumped at market as many will have noticed. Remember a couple of weeks ago 100k was sold at market, obviously drove the price down but soon after an announcement came through of another license. And the share price rose to where it is now. These sales are from vendors of Genetype and do not indicate problems. I expect some resistance about $1.40.

    GTG is a buy and hold and wait for the true value of the licenses to be reflected in GTG's price.
 
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