From my enquiries it seems the Germans have taken up a few placements the latest at 18c so they at least have hope of a turn around.
Bank debt is a bit of a millstone & the sooner it is paid off the better.Apparently the plant is now operating ok but grades are a bit low. A resource upgrade in due course.
Probably time to buy a few more but I will sit & watch. I have been in & out of GLN over the years & currently holding a losing position (like most I guess) & whilst I try not to have 'old favourites' GLN is an old favoutite - sometimes 'we' learn the hardway.
gln trading halt, page-13
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Last
46.0¢ |
Change
0.100(27.8%) |
Mkt cap ! $5.219M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 47.0¢ | 38.0¢ | $5.725K | 13.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1589 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 240 | 1 |
View Market Depth
| Last trade - 15.31pm 05/07/2024 (20 minute delay) ? |
| ZLD (ASX) Chart |