No need for a CR they have cash in hand.
It looks like trying to take advantage of the buoyant times and perhaps invite a takeover offer or JV partner to me.
There is real advantage in them getting into an ASX index basket, which requires a higher MC.
There are increasing articles about the majors overseas scouting.
Even at a multiple of 1 or 2 this would seem attractive IMO.
I’m glad I’m in.
GLTA.
Ann: Investor Presentation, page-6
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Last
49.0¢ |
Change
0.010(2.08%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 48.5¢ | $31.16K | 63.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 52483 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 25984 | 3 |
View Market Depth
| Last trade - 10.33am 07/06/2024 (20 minute delay) ? |
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Last
49.5¢ |
Change
0.010 ( 3.08 %) |
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| Open | High | Low | Volume | ||
| 48.5¢ | 49.5¢ | 48.5¢ | 55940 | ||
| Last updated 10.41am 07/06/2024 ? | |||||
| A1M (ASX) Chart |