morning traders monday 24th october, page-129

  1. 6,496 Posts.
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    GGE didn't move - watch for now... The acquisition close to doubles their liquid reserves at the low case, quadruples at the high case. Funded by a mix of cash and shares which is good because they conserve the cash position of $3.2m. The share issue dilutes 2.6% so minimal.

    Out for now but watching - it will likely move on the same FA that made it move on Friday
 
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