Guys, remember the MC is about 60% compared to when listed, employee benefits are mostly issued shares and options. Please always read those numbers in context. They licenced a lot and they do a lot, hence about 6.5m in operational expenses. If sp was at 40c for example suddenly the spending / MC ratio would look 3x - 4x better.
18m cash plus 30m drawing down facility - well placed to get things done.
But if concerned, sell. No point in worrying.
GLTA
Ann: Appendix 4E and Preliminary Final Report, page-5
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.060M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $11.72K | 2.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2757364 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15260220 | 25 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| CHM (ASX) Chart |