Its all about the timing. GL1 was the best return float due to the market conditions and the potential and timed its $2.25ish credit raising well. Now the market is at the bottom (hopefully) and they have a resource that will be expensice to develop and are high on the cost curve.
can the cash last the cycle?
Its all about the timing. GL1 was the best return float due to...
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $66.44M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.5¢ | $35.59K | 138.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99780 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |