I noticed that as well. Mr market is sometimes slow to read the announcements properly and react. I have drawn my own conclusions on financing. I don't expect any more shareholder or institutional capital raises. I expect a deal to fund construction of a concentrate plant in return for PLS. The finer details would just be a unrealistic guess.
too many easy dots being put together which were confirmed today by the ridiculous "course of sales" prices and sell down. I don't think I have seen so many small 10 share sell downs in a while for a stock with so little SOI. Simple accumulation going on by smarter buyers than retail.
this is a simple investment. Hold and don't sell. Accumulate. GL1 will prove 50mt + putting them in the top10 lithium companies. They will build a plant for concentrate and be making sh@t load of profit. If PE then matches something similar to PLS, the stock, current holders are sitty pretty.
- Forums
- ASX - By Stock
- GL1
- Ann: 10 Year Strategic Spodumene Concentrate Offtake Agreement
Ann: 10 Year Strategic Spodumene Concentrate Offtake Agreement, page-20
Featured News
Add GL1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $49.51M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.0¢ | $78.76K | 398.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 107543 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 39022 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 107543 | 0.190 |
6 | 259677 | 0.185 |
11 | 204715 | 0.180 |
2 | 36000 | 0.175 |
3 | 42261 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 39022 | 4 |
0.200 | 69396 | 2 |
0.205 | 85458 | 3 |
0.210 | 15805 | 1 |
0.220 | 250 | 1 |
Last trade - 15.59pm 14/11/2024 (20 minute delay) ? |
Featured News
GL1 (ASX) Chart |