GDY is one of the more interesting speccy's on the market. At first glance you would be mistaken to think it is another speccy concept bound to go wrong. But, I don't think this is the case.
GDY is currently drilling a 5km hole in South Australia or until it hits the centre of the earth. With a drill bit they plan to use the heat from 5km deep to produce electricity. In mid-January GDY spuds its first hole at NE South Australia which could spark speculative interest.
GDY's major backers are the Australian Government with $5 million in grants, Woodside which has a 31.6% interest via Metasource and the Australian National University holds 7.9%. With such strong parents it is a suprise that GDY is trading below it's issue price and at current levels it is worth a look. I very recently bought GDY for abit of fun.
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $1.206M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.897K | 2.271M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
109 | 149168787 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 9455807 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
109 | 149168787 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 9455807 | 11 |
0.003 | 7848772 | 12 |
0.004 | 2055391 | 7 |
0.005 | 1200000 | 2 |
0.006 | 269000 | 1 |
Last trade - 15.20pm 27/09/2024 (20 minute delay) ? |
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RNE (ASX) Chart |