I was doing a bit of background research on AEE tonight for the first time and note that GCM Resources are the largest single shareholder at 17.85%. This not surprising as AEE have an alliance with GCM for uranium exploration in West Africa and..... I know this is old news. However Polo acquired a 30% stake in GCM at the beginning of 2008 and GCM owns a few % of Polo and Regent. Stephen Dattels (ex Uramin) was appointed as a non executive director to GCM this April.
Well, the AEE-GCM joint venture Mauritanian permit was also granted in April and funding is coming from GCM (at least initially). I haven't digested the rest of this yet but with Dattells on board this looks a bit more promising. Somewhat ironically I might end up investing here not because of the Swedish resource (the Sino-King arrangement fell over anyway) but because of the West African play. The downside is AEE are a bit cash strapped so another share placement is possible although there are <50 million shares. The SP has gone sideways for a few months and there hasn't been much interest on HC recently.
DYOR
- Forums
- ASX - By Stock
- AEE
- stephen dattels involved with this too
stephen dattels involved with this too
Featured News
Add AEE (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $119.4M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $392.5K | 2.309M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 1030057 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 156493 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 1030057 | 0.165 |
30 | 1081338 | 0.160 |
18 | 630906 | 0.155 |
14 | 363878 | 0.150 |
7 | 576350 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 156493 | 14 |
0.175 | 143871 | 5 |
0.180 | 124555 | 4 |
0.185 | 239000 | 6 |
0.190 | 413000 | 6 |
Last trade - 15.06pm 27/05/2024 (20 minute delay) ? |
|
|||||
Last
16.8¢ |
  |
Change
0.000 ( 1.82 %) |
|||
Open | High | Low | Volume | ||
17.3¢ | 17.5¢ | 16.5¢ | 1223192 | ||
Last updated 15.35pm 27/05/2024 ? |
Featured News
AEE (ASX) Chart |