It does, but.. Hartleys is only here for one reason, they are preparing for a major capital raising.
My guess is later in the year, GCY will raising approx $50m to ensure they can get Dalgaranga into production. The last capital raising was done well, I am sure the insto's are all on board already, especially when they know what is coming.
I have a small holding left, as GCY is IMHO very fairly valued compared to its peers. That being said, I still think in the long term it will do well.
Ann: Updated Research Report by Hartleys Limited-GCY.AX, page-3
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Last
$1.14 |
Change
0.025(2.25%) |
Mkt cap ! $1.245B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.15 | $1.08 | $3.827M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11023 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 46026 | 2 |
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| SPR (ASX) Chart |