Have a look at Matrix (MCE). They also floated at $1 and ran hard early. Now look at them 20 odd months later, nearly $9.
Admittedly they are in different industries but the numbers as a % are very similar and both are quality businesses. GNG only needs to land a big contract and there she goes. I believe this isn't far away either, so bring it on.
You might also note that GNG share a common director with Mineral Resources. Massive plus in my opinion.
Yep I was in the MCE float and sold at $2, and yep I am in the GNG float, not selling at $2.
A-Team
macquarie releases research report, page-9
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Last
$2.15 |
Change
0.040(1.90%) |
Mkt cap ! $359.0M | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.15 | $2.11 | $140.3K | 65.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5682 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 7497 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| GNG (ASX) Chart |