Really not happy with the placing , i am puzzled why they started their drilling campaign spending the cash , also why not borrow a few more quids when they took on the debt seems a little short sighted .I am somewhat forced now to buy in upcoming public offering just to lower my average. Anyone else taking the plunge with the offering?
I have concerns also regards the timespan of ramp up, seems incredibly long for a relatively small operation. I would email these concerns to the company,but that would be a total waste of my time as they never reply.
Just deflated with GCY’s management furnishing of city types and highly discounted placing. I was told by a uk ceo never trust an Aussie ceo, I thought gcy was different how wrong I was . Some of the cash raises this year I’ve suffered in Aussie stocks have been highly discounted and manipulated to suit the institutional investors .
I am slowly removing my cash from the markets right now as and when I turn profit , moving it into the Uk property market .
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News: GCY Gascoyne Resources Says Co To Undertake Share Purchase Plan To Raise Up To $5 Million, page-28
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$1.35 |
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Mkt cap ! $1.494B |
Open | High | Low | Value | Volume |
$1.37 | $1.37 | $1.34 | $2.097M | 1.545M |
Buyers (Bids)
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---|---|---|
38 | 64073 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.35 | 11707 | 13 |
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No. | Vol. | Price($) |
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33 | 62209 | 1.345 |
11 | 86768 | 1.340 |
9 | 94339 | 1.335 |
8 | 103244 | 1.330 |
5 | 370494 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.350 | 10456 | 11 |
1.355 | 40117 | 17 |
1.360 | 37585 | 9 |
1.365 | 166090 | 10 |
1.370 | 78232 | 8 |
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