Intrigued as to what valuation methods might be used for strike share price of GLL
is it , as sduxiaof eludes to ... proceeds of sale to BTU only & nothing for everything else such as potential 50% of 20 TCF, or perhaps a scenario of existing shareholders playing santa claus for those with a buy bid of just over 20cents a share.
Need GLL to get proceeds funds in & then spend approx $12M of that on exploration on their 100% owned permit to prove up the resources & get out what might be a favourable upbeat JORC statement
Looks more like a long term re-rating but who knows the share price re-rating could happen sooner than later
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $6.794M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.0¢ | $23.22K | 1.130M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199999 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 370000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199999 | 0.020 |
5 | 196700 | 0.019 |
1 | 250000 | 0.018 |
1 | 107600 | 0.017 |
1 | 60000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 370000 | 1 |
0.026 | 38000 | 1 |
0.050 | 25000 | 1 |
0.052 | 17772 | 1 |
0.053 | 15160 | 1 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
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GLL (ASX) Chart |