I find it useful to think about this in market cap terms. It's currently around A$205M so back to 29 June 2021 levels, the share price closed that day at $0.83.
A good deal of progress since then but also an additional ~103M new shares issued, and very different market/monetary conditions.
For those sideline-sitters (@Deme and @FFailings amongst others) here are some possible targets:
Market cap / share price
$200M / $0.575 - as I type this, just hit it
$150M / $0.43 - possible, post a large capital raise
$100M / $0.29 - seems unlikely, this was my original MC entry back in the day
Charting, page-2407
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5277 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 18220 | 1 |
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| Last trade - 16.12pm 09/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
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