If they borrow US40m (must be possible given the US35m free cash flow expected next year) and raise US20m from current s/h's with a rights issue this would sort out funding and the debt will be easliy managed and create tension from investors to try and buy into GLN before the raise since funding will then be sorted.
Ann: HMW Project Achieves 1,000t LCE Contained Inventory, page-23
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $70.89M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $116.3K | 787.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 276065 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 309610 | 20 |
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| Last trade - 13.24pm 25/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |