If they borrow US40m (must be possible given the US35m free cash flow expected next year) and raise US20m from current s/h's with a rights issue this would sort out funding and the debt will be easliy managed and create tension from investors to try and buy into GLN before the raise since funding will then be sorted.
If they borrow US40m (must be possible given the US35m free cash...
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 28.5¢ | $558.3K | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99579 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 34450 | 3 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
29.0¢ |
Change
-0.010 ( 3.97 %) |
||||
| Open | High | Low | Volume | ||
| 29.5¢ | 29.5¢ | 28.5¢ | 590029 | ||
| Last updated 15.55pm 15/05/2024 ? | |||||
| GLN (ASX) Chart |