The SPP for holders aims for just $1m, not really relevant what the uptake could be. Tranche 2 is important and there is plenty of time until its closes mid April after the AGM / EGM.
No concerns as due to the oppie value even a sp at 1.7c would deliver a break even for 2.2c buyers.
And in the absence of a big seller I could drive it up there and maybe even keep it there for a few days catching up to 100m shares. Again, as long as the fundamentals keep on impressing there is no reason not to get it over the line.
GLTA
Fishy’s 40 bagger, page-74
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $8.122M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $27.14K | 3.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3559837 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3645855 | 4 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| W2V (ASX) Chart |