No need for a CR they have cash in hand.
It looks like trying to take advantage of the buoyant times and perhaps invite a takeover offer or JV partner to me.
There is real advantage in them getting into an ASX index basket, which requires a higher MC.
There are increasing articles about the majors overseas scouting.
Even at a multiple of 1 or 2 this would seem attractive IMO.
I’m glad I’m in.
GLTA.
Ann: Investor Presentation, page-6
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Last
47.5¢ |
Change
-0.035(6.86%) |
Mkt cap ! $271.1M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 47.5¢ | $1.079M | 2.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69006 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 55857 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
47.5¢ |
Change
-0.035 ( 7.01 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 50.0¢ | 47.5¢ | 1183800 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| A1M (ASX) Chart |