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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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $82.94M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $611.4K | 3.459M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2114 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 268642 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2114 | 0.175 |
13 | 1163476 | 0.170 |
7 | 385589 | 0.165 |
10 | 243750 | 0.160 |
2 | 350000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 268642 | 5 |
0.185 | 267432 | 10 |
0.190 | 200077 | 5 |
0.195 | 129600 | 4 |
0.200 | 201665 | 8 |
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