Whatever the charts may indicate I think a return to 40c is...

Whatever the charts may indicate I think a return to 40c is pretty unlikely given the enormous overhang (about 13m shares) that Global X has to sell over about the next 4 month. Must have already sold some but average volume is about 10k shares/day half of which are sales (and only partly Global X) which would indicate the Global X could have only sold a small part of their share holding in the last month; over 12m to go!! Best hope is that we get some good news over GLE otherwise it will sit at around cash value.