If there is no amendment to SPP then it is safe to say that the company thinks the current offer of 1.5c is fair and that prospects are looking very good for current drill results?
Thats what I would assume. GGE must be very confident that all will go to plan (subject to a few delays) and that the SPP will be taken up as the share price will move upwards in the next few trading days. People will not take part in the SPP as they no doubt bought a lot at prices below 1.5c in the last few days.
If this is true I expect the share price to move towards 1.7c/1.8c in the coming week.
Best of luck.
no news today?, page-4
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.843K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1835723 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1449825 | 7 |
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| Last trade - 12.25pm 12/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |