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Ann: GML Sells Gold Rights at Montague East to BTR for $14M, page-30

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Cigarsmoker59

267 Posts.

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02/08/24

14:26

Post #: 75046129
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Originally posted by MRRC: ↑

your right once the 10 Billion shares hit the share register the share price won’t be 1.7 cents as trading today. Probably all the newbies who don’t understand what happens when the new shares get listed in the share register. Happy to sit back like you said and wait for the dust to settle. 10 Billion shares is a shit load and if left without consolidation share price won’t change by much.
interesting big buying of 3,000,000 share as a buy on GML @ 2.1 cents. Makes you wonder if Peter or Mark Cossom is withholding information from the market. Likely management will come out with exciting news in next 2-4 weeks. Then we will know the truth.
One wonders why did Mark Cosson sold GML Gold tenaments so cheaply at only $14,000,000. But then again exactly what he did with the GML 20,000,000 STK shares he sold to Andrew Bray company L11 Capital who is sole director of before it went from 4 cents GML price to 20 cents on news Andrew Bray was waiting for on STK lab results.
I would love to see the ASX to do a review on this insider trading on the above with Ndebele Bray buying the STK shares from GML for only 4 cents just before they took off to 20 cents.

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they are selling them for script in BTR

the assumption must consider the future Re rate of BTR shares

personally I would have been happier to have received BTR shares in exchange for GML ones at a premium

GML Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last 2.4¢		Change 0.000(0.00%)		Mkt cap ! $9.491M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.4¢	$2.033K	84.71K

Buyers (Bids)

No.	Vol.	Price($)
3	204286	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	423620	1

View Market Depth

No.	Vol.	Price($)
3	204286	0.024
2	1028500	0.023
2	368680	0.022
1	52500	0.019
1	62562	0.016

Price($)	Vol.	No.
0.026	423620	1
0.027	125000	1
0.029	100000	1
0.030	1475000	3
0.033	100000	1

Last trade - 14.26pm 11/10/2024 (20 minute delay)

GML (ASX) Chart

Ann: GML Sells Gold Rights at Montague East to BTR for $14M, page-30

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Ann: GML Sells Gold Rights at Montague East to BTR for $14M, page-30

Top Stories

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The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

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NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Featured News

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Sellers (Offers)

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