I suspect it'll be thin going into the AGM.
Probably close in the low 30s before being suspended while the ASX moves at snail pace to confirm that GEV has "recomplied".
Best case scenario - 1 week off the boards.
Worst case scenario - 3 weeks off the boards.
This means we'll relist going into the traditionally quiet Xmas/New Year period.
I suspect that upon relisting 2 things will occur:
1. Instos sitting on the side until the SeaNG deal was approved will be in the market.
2. Holders who are making almost 100% on the 17c placement as well as any SeaNG shareholders issued stock who need the money will be sellers.
These 2 forces will converge and once all these sellers are mopped up, it'll be onward and upward.
I then suspect that Q1 '18 will be a cracker for GEV, with (hopefully) plenty of news flow propelling the stock closer to $1 than 50c.
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Mkt cap ! $13.25M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 77728 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 77555 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 77728 | 0.022 |
3 | 410029 | 0.021 |
2 | 396027 | 0.020 |
2 | 101000 | 0.019 |
2 | 249755 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 77555 | 1 |
0.023 | 3600 | 1 |
0.024 | 145833 | 2 |
0.025 | 36624 | 3 |
0.026 | 90400 | 2 |
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