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1.2¢ golden state mining limited

option is useless unless they think it will be higher than 5c in...

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yuyu52

2,914 Posts.

67

13/11/23

11:05

Post #: 70864704
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Originally posted by bigcon: ↑

Basically this is a cap raise for special mates of the company with a free option bonus. The reward for the pesants is zero so if your a long term holder bad luck. This type of behaviour is rampant on the ASX and may be a contributing factor in the significant SP declines of many asx listed junior explorers. So the only remaining question is will they use the cash wisely and make a worthwhile discovery?

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option is useless unless they think it will be higher than 5c in the next 18mth.

now GSM got more cash than its MC now... lolz

GSM Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $3.352M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$2.644K	220.3K

Buyers (Bids)

No.	Vol.	Price($)
1	8747	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	820000	4

View Market Depth

No.	Vol.	Price($)
1	8747	0.012
7	1886452	0.011
7	1026008	0.010
7	761204	0.009
2	200000	0.008

Price($)	Vol.	No.
0.013	820000	4
0.014	1611812	7
0.015	1658951	5
0.016	422891	2
0.017	637966	3

Last trade - 10.04am 16/05/2024 (20 minute delay)

GSM (ASX) Chart

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