Sorry...it's too painful to think you may not find it or even look.
GLN putting exact language in like this means what it means...they view the business as 100M++ IMO.
Looking at the POSCO deal at 385M AUD...
now everyone get a real idea at what GLN have and how painfully undervalued we are.
GLNs current MC is 29M !!
Now it's up to the market to do it's thing.
IMO
DYOR!!
9.7 Change of Control
In the event that during the term of JP’s employment a takeover event or other similar event (“Takeover Event” occurs, and subject to the Company either having a market capitalisation of at least A$100 million as at the date that Takeover Event occurs or the transaction which gives rise to the Takeover Event having a value of at least A$100 million, any of the above Performance Shares which have not then converted into Shares will be converted into
Shares on the terms and conditions set out in Annexure B and Annexure C (as applicable), subject to prior Shareholder approval and subject always to the Company complying with its obligations under ASX Listing Rules 10.18 and 10.19 and under the Corporations Act, despite the corresponding milestone not having been achieved.
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- Ann: Notice of Annual General Meeting
Ann: Notice of Annual General Meeting, page-7
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $68.54M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $197.6K | 1.702M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 269000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 0.115 |
23 | 1457679 | 0.110 |
24 | 1921287 | 0.105 |
57 | 3690642 | 0.100 |
4 | 131111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 269000 | 4 |
0.125 | 441061 | 7 |
0.130 | 500900 | 13 |
0.135 | 1008914 | 4 |
0.140 | 133258 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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