Gln currently burning around 15m per quarter.
they raised 19.5m with 15m in cash remaining so by end of March they will have around 17-19m left in the bank.
by May they will have to raise a CR again.
more selling pressure until they get debt financing or offtake payments from Glencore.
big mistake to have exclude offtake rights to Glencore??
Gln currently burning around 15m per quarter.they raised 19.5m...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.5¢ | 31.0¢ | $610.9K | 1.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 137933 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 110000 | 3 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.005 ( 1.03 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.5¢ | 31.0¢ | 578012 | ||
| Last updated 15.58pm 29/04/2024 ? | |||||
| GLN (ASX) Chart |