mgt did the right thing. They made a capital distribution to SH, in the form of WBE scrip. Its moves like that which make these co's attractive to SH. This little machine is gonna keep on making money. It will use some of that money to drill some holes, and it may make another cap distribution to SH...or it may get bought out.
Those who sold WBE were silly to my mind...the money was for production drilling - not wildcat drilling. BIG diff.
Ann: GGE AGM Results, page-25
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $9.801M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.613K | 853.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 381768 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7929610 | 15 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GGE (ASX) Chart |