Lets do a bit of novice research...
-9th July BGL trading halt and announces to market $100m institution + $20m SPP to be offered @ $1... Price of gold $2,589AUD
-10th July BGL announce full $100m subscribed/Filled...
SPP for existing holders ends 7th August...Price of gold today 3rd August $2,771AUD..Price of BGL has been held down in the range of $1.02-$1.10 during this time.
What do you THINK is likely to happen to the share price once this closes and nobody can no longer buy @ $1?.... Does anyone really think institutions and current holders are then going to sell?....... LOL
GLTA, Not even going to entertain this.
Ann: Ceasing to be a substantial holder, page-39
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Last
$2.03 |
Change
0.030(1.50%) |
Mkt cap ! $2.390B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.06 | $2.01 | $7.893M | 3.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 178236 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 77587 | 9 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |