Let me try to pour some cold water on this alleged approach by EnergyX. (just venting my frustration... so spare me your anger)
after this news, there will be a CAP raise immediately follow suite.
GLN rejects the offer if there is one.
EngergyX walks away from the deal and disappear into the sky.
GLN sp continue spiralling downwards
rinse and repeat.
hadn't we all been there before... it is always some sort of hope that kept us all excited every time... nothing new...
just as someone had said before watch GLN sp is like experiencing death by thousand of cuts. can't find any more accurate description. lol...
Energy X offer $150m cash and script, page-63
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Last
15.0¢ |
Change
0.020(15.4%) |
Mkt cap ! $73.34M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 17.5¢ | 11.5¢ | $2.713M | 18.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 2660 | 2 |
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| Last trade - 15.53pm 05/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |