Maybe the seller is manipulating the share price down on purpose? Followed by an opportunistic takeover bid. Seen this all happen before with others I have held in the past CDV and CMM to name a few. I will keep buying as it falls lower, the gold fundamentals remain the same. 1.6moz in gold resource & 1.1m in gold reserve with plenty of exploration upside. Market is valuing this gold resource with a negative EV -18million today, I cannot understand this. Rick rule just recently did an interview, he reckons M&A will increase going into 2022 in the ASX gold space, cant see a bigger takeover target in the ASX gold space at the moment. Sprott has given Emr access to a $100 million acquisition/development facility in 2019 - go and see the announcement. I think it makes sense Emr and Gpr merge entity's to become a multi asset gold producer. I think it would get shareholder approval also, at the correct price 30-35c, script offer. Time will tell. Cheers ST
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GPR
geopacific resources ltd
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2.3¢

Ann: Project Development Update, page-153
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $73.19M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $16.23K | 673.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1032681 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 222288 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1032681 | 0.022 |
3 | 2123850 | 0.021 |
5 | 2955100 | 0.020 |
3 | 2575000 | 0.019 |
3 | 1100000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 222288 | 1 |
0.025 | 458573 | 2 |
0.026 | 655830 | 3 |
0.027 | 1385000 | 2 |
0.028 | 7236 | 1 |
Last trade - 15.48pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online