Agree - but alot of naysayers here (bagging and dont hold shares or small change) (like Azure people complained for years and th then hey presto! They hit a big Li deposit). - GRE could repeat (so negative comments are irrelevant)
Check out AZS bubbled along 20-30c even after SQM coming in at around 20c, took them 9 months plus to get to $1b market cap
GRE market cap circa $30m AND cashed up $5m
Li experts bring knowledge and money - without it got nothing
if the shares go to up to 50c then options get exercised, if shares go to $1 options get exercised (end of the day company gets huge amount of cash to fund exploration , company will be approved to issue shares and at higher price which will take bring in the cash from expert group or brokers they will be busting the door to give company money)
Question is 50c short term target but potential target price ???
iMO Li group who are ex Galaxy (sold for a mere $2b) could do deal better than SQM / Azure (plenty of majors chasing lithum now including EXXON) they got stock at 20c with GRE you could bring in strategic investor at 50c - $1 (at the upper end value is $100m what Azure was at start of the year and now worth over $1 BILLION for 60% (plus more based on 100% basis) - no rush for this let them pay up
Azure shows patience and shareholders be rewarded
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Agree - but alot of naysayers here (bagging and dont hold shares...
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Last
14.5¢ |
Change
-0.015(9.38%) |
Mkt cap ! $12.04M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 14.5¢ | $32.28K | 217.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 62788 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 77645 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 37788 | 0.140 |
1 | 7414 | 0.135 |
2 | 27009 | 0.130 |
2 | 25000 | 0.125 |
5 | 71236 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 77645 | 1 |
0.165 | 28759 | 1 |
0.170 | 39015 | 3 |
0.195 | 974 | 1 |
0.200 | 16000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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GRE (ASX) Chart |