Yup, looks like its in free fall. I guess 1.8 moz in Qld isn't really worth that much.. currently a conservative $12/oz valuation if you take out liquid assets, $5m for white dam (let's say 50% discount), $5m for Smartset (50% discount). Getting valued like these ounces are in Zimbabwe!!
Surely must be pre cap raise selling, other gold explorers i follow have bottomed out now whilst GBZ still getting hit and much harder. Maybe leaky brokers?
Ann: GBM confirms extension of gold mineralisation at Twin Hills, page-29
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.253M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $66.12K | 8.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5095838 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 201161 | 2 |
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| Last trade - 15.44pm 13/11/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |