Spoke to management. They will be holding the 2016 AGM before Christmas and hopefully the 2017 AGM in January . Then it will be relisted and a CR at a very miserable circa 0.253 cents. That will give 6-Billion SOI which will need a register cleanup and a consolidation.
Bottom line is that we take the loss and get on with life or we can do the CR at a very low entry point.
They will produce a lower grade product at an increased volume for a period.
Spoke to management. They will be holding the 2016 AGM before...
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Last
56.0¢ |
Change
-0.015(2.61%) |
Mkt cap ! $193.1M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.0¢ | 56.0¢ | $54.79K | 95.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24359 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 6500 | 1 |
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| Last trade - 15.36pm 24/07/2024 (20 minute delay) ? |
| QGL (ASX) Chart |