Ive only had a brief read so far but it seems buy high sell low would seem to be the modus operandi.... If not for the cash from WGR the situation would have been a lot worse. Maybe spin off prospect hill later this year to stem the flow again?
Worse still, Gary has given scarce detail around the current round of shipments / pricing and certainly no investor call / comms around a path to profitability. Only saving grace is that the royalty keep taking (some?) options / shares for pay.
Given the wicket he is on (and doubles with the WGR gig) I think all holders should expect a great deal more.
GLAH
Ann: Half Year Financial Report, page-3
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Mkt cap ! $27.62M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18178 | 8.4¢ |
Sellers (Offers)
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|---|---|---|
| 8.6¢ | 120611 | 2 |
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