The instos are out of the register. The corporate activity has already destroyed that trust. The only one remaining (at my last check) was Thematica - and they haven’t updated their position on the website since 31/3 so will be interesting to see what they’ve done since.
Agree the cost to demobilise can be significant, including break clauses for subcontractors etc, but it’s a necessary evil. They can’t continue diluting the register to oblivion $10-15M at a time. There comes a time when reality has to kick in and they’ll need to hibernate. It’s quite incredible they haven’t come to this sooner - hence why the webinar was quite a concern, JP all but confirmed his intention to push ahead into production no matter what.
General Discussion Banter GLN, page-15392
-
- There are more pages in this discussion • 465 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $55.73M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $331.6K | 3.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 804140 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 379713 | 5 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |