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.
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 32.0¢ | 29.5¢ | $2.185M | 7.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 234667 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 187086 | 6 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |