Not sure I have the experience to comment.
But I couldnt really see the need for a reverse split right now.
GGG could go a 10% capital raise and still look ok in share offering given the sheer size of the project.
Speculative type shares seem ok with a share price of a few cents. Producers like to have their share price up in the $1 plus.
I suspect a reverse split will happen one day. But given theres no real need for it now and a larger raise of capital due later in the year if the project gets approval for its ML. Id guess it a smarter time to conduct a reverse split at that later stage when it then aids GGGs stature a little better when then compared to the other active producer sps around.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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1 | 141837 | 0.021 |
4 | 1198488 | 0.020 |
7 | 1654157 | 0.019 |
3 | 1256724 | 0.018 |
2 | 98800 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 50487 | 1 |
0.025 | 663180 | 3 |
0.028 | 602708 | 2 |
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