My belief has been that hard-nosed commercial transactions were going to set our real world value, dragging the fairly incoherent share market price up as the development milestones were met. I think the oil and gas industry is going to advance the project, and will reaffirm the projects value if we are in fact doing a final partial sell down.
Management and insiders have skin in the game, on cheaply issued shares for sure, but they effectively align our ongoing interests. I believe those insiders were all offered a chance to sell down at the 4c capital raise.. and that none of them took it. CL has also transferred a few shares to his children. Psychologically, you don’t bother doing this unless you view them as a good nest egg for them to hold.
We're about to get a further indication. GLTAH
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $16.85M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $10.50K | 1.750M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 14415381 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 8291957 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 14415381 | 0.006 |
25 | 9377623 | 0.005 |
9 | 4684333 | 0.004 |
3 | 3800000 | 0.003 |
2 | 3500001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 8291957 | 13 |
0.008 | 1775697 | 6 |
0.009 | 3600000 | 6 |
0.010 | 2650000 | 7 |
0.011 | 1020777 | 2 |
Last trade - 15.47pm 02/08/2024 (20 minute delay) ? |
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HHR (ASX) Chart |