I don't think you are missing anything. On faec value the market has acted counter-intuitively again to GIBs results. I think its due to a lack of faith in the predictability of current management, one minute they have a capital raise to progress their diamond project, the next they sell the project! It has damaged their credibility and undermined investor confidence. Reckon its a hold as some growth likely over time but its not a buy. Name change soon - Contiki Prospecting ?
SP action, page-35
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.151M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 65000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 141729 | 3 |
View Market Depth
| Last trade - 16.12pm 08/10/2024 (20 minute delay) ? |
| GIB (ASX) Chart |
Day chart unavailable