No need for a CR they have cash in hand.
It looks like trying to take advantage of the buoyant times and perhaps invite a takeover offer or JV partner to me.
There is real advantage in them getting into an ASX index basket, which requires a higher MC.
There are increasing articles about the majors overseas scouting.
Even at a multiple of 1 or 2 this would seem attractive IMO.
I’m glad I’m in.
GLTA.
Ann: Investor Presentation, page-6
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Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $189.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 32.5¢ | $580.0K | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8550 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 7003 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| A1M (ASX) Chart |