Me either. I suspect the opposite for a few reasons:
Of course just imo. I could be totally wrong.
- The deal was referenced very heavily in the CR package. (You don’t have to be an insto to get the offer, just a 708).
- Glencore still went ahead with a site visit. DD on this deal would be 95% a desktop exercise, with the site visit being a final sanity check. I can’t see Glencore sending a contingent around the world for a deal headed south. And I can’t see what could possibly happen at a site visit to see a few wells, dams and dongers to change their view.
- GLN wouldn’t maintain their current rate of spending if they didn’t think funding was imminent.
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Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 16.0¢ | $912.5K | 5.329M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 106323 | 17.0¢ |
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Price($) | Vol. | No. |
---|---|---|
17.5¢ | 339481 | 11 |
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No. | Vol. | Price($) |
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10 | 1881608 | 0.165 |
19 | 1613384 | 0.160 |
13 | 2071350 | 0.155 |
23 | 854022 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 339481 | 11 |
0.180 | 494371 | 6 |
0.185 | 253306 | 6 |
0.190 | 625630 | 6 |
0.195 | 514047 | 5 |
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