Just do a renouncable rights issue for it all at pro rata. If you don’t want them you sell. If you do want them you load up. The resource is amazing low cost, but finance is hard. I would liquidate some of my other lithium shares to buy if they did this, because the resource is so amazing and they seem to know where they stand with the government now, so greater certainty there too
Just do a renouncable rights issue for it all at pro rata. If...
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Last
31.5¢ |
Change
-0.030(8.70%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 31.0¢ | $1.192M | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7065 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
-0.030 ( 8.10 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 36.0¢ | 31.0¢ | 1997630 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GLN (ASX) Chart |