@bcjk3
nice feedback. thanks.
haha you should see my list of reasons to not buy in! i dont post that kind of stuff though as strangely the HC community don't like minimizing their downside.
Anyway, i think its within reasonable probability that GBZ can raise $10mil+ to cover the con notes with the following:
1. a CR priced at $0.035 for $6mil?
2. sale of white dam. whats that $1-4mil?
3. sale of other assets. 2-$4mil?
if the above occurs, I lose 30%. I hold a small parcel. so I wouldn't mind if the company craters. I would just buy even more shares at this worst case scenario. Yes current holders would get diluted. But too bad so sad. At $0.035 this is where the business cap structure would reset, options would be priced out indefinitely and i would rejoice.
@bcjk3nice feedback. thanks. haha you should see my list of...
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Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $739 | 71.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 741000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1043800 | 3 |
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| Last trade - 14.40pm 14/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 33333 | ||
| Last updated 14.10pm 14/06/2024 ? | |||||
| GBZ (ASX) Chart |