Just a thought, but what are GNM going to do with the A$50m they just raised and announced to ASX today? Is it a slight possibility that they will now make a proper bid for REY and make it a slam-dunk bid effort with a cash and equity offer. If they were to make it half cash and half GNM shares they would still be buying a very very cheap asset (I think so anyway). I do not even think that would be enough but this may then bring out other bids and away we go. Maybe, maybe not!
Just speculating on possible scenarios here. I have been very wrong before so do your own research and make your own decisions.
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Last
1.3¢ |
Change
-0.001(3.85%) |
Mkt cap ! $2.010M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $9.961K | 789.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1450000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 82017 | 3 |
View Market Depth
| Last trade - 14.30pm 23/06/2025 (20 minute delay) ? |
| GNM (ASX) Chart |