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8.33%

1.3¢ great northern minerals limited

Ann: Greenpower Successful Capital Raising To Advance Gold Mines, page-27

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rvajna

8,976 Posts.

657

12/09/19

17:23

Post #: 40401583
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Originally posted by fooca: ↑

The market cap is $2M only by the shear number of SOI's
Your right, anything can happen now, a few days in the sun @$0.002 and now back to $0.001.

Interesting to note that from the company's announcement, tranche 1 shares were to be issued around the 6th September (today) and there has been an increased volume in shares traded (Approx 140M) today.

IMO, have the tranche 1 shares been issued? and have the sophisticated investors already dumped them to get their capital back? leaving them with the free options, no risk transaction with options as the reward?
Expect a 3B out soon ........ worst thing share holders can agree to is the share consolidation, there is no benefit to it other than an image thing but "allegedly" significant interest in the tranche one shares from professional and sophisticated investors.
As above, no risk in the trance 1 shares, get them, sell them and keep the free options.

Did you make a complaint to management re: the discrepancy between the "sophisticated" investors and the regular retail investors like us?

MEH

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No point complaining. Just enjoy the ride. They may end up saving the company. It does happen from time to time.

GPP Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.001(8.33%)		Mkt cap ! $2.010M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$4.544K	349.5K

Buyers (Bids)

No.	Vol.	Price($)
1	181540	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	202325	1

View Market Depth

No.	Vol.	Price($)
1	181540	0.013
4	720449	0.012
6	1090997	0.011
5	1329995	0.010
2	433330	0.009

Price($)	Vol.	No.
0.015	202325	1
0.016	12803	1
0.017	227673	2
0.018	416660	3
0.019	250000	1

Last trade - 13.12pm 31/10/2024 (20 minute delay)

GNM (ASX) Chart