GML 4.76% 2.2¢ gateway mining limited

Ann: GML Sells Gold Rights at Montague East to BTR for $14M, page-40

  1. 579 Posts.
    lightbulb Created with Sketch. 172
    Nice for you to think cash divided by number of shares is worth something to GML. It certainly hasn't happened that way from when GML was 34 cents at one point today 2.3 cents. I say cash is worth zero, but cash producing something is worth something. Currently GML have nothing except BTR shares.
    If I am right and another 5 billion share hit BTR share register after the M&A in the next 3 months I see BTR hitting 1 cents then GML shares are only worth 1 cents as they have nothing else except cash to show for it in the bank producing nothing.
 
watchlist Created with Sketch. Add GML (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $8.700M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $5.745K 261K

Buyers (Bids)

No. Vol. Price($)
1 14000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 165000 1
View Market Depth
Last trade - 11.37am 10/09/2024 (20 minute delay) ?
GML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.