I've taken a position off this temporary share price weakness. Solely because of their acquisition of the old UNX uranium deposit in Tanzania. Back in the uranium boom of 2006/07 these tenements were valued at c. $150m market cap. Despite the recent share price rise, GLA is currently $20m MC at close of trade today. There is good potential in Tanzania and with historical results due to be reported soon I see this as good exposure to the fast appreciating uranium thematic compared to our much larger peers. Thanks to a smart investing friend for pointing this one out.
Ann: Drill Program Complete at Bendoc Gold Project, page-9
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.13M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650055 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 275000 | 2 |
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| Last trade - 16.12pm 24/07/2024 (20 minute delay) ? |
| GLA (ASX) Chart |
Day chart unavailable