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.
No need for a CR they have cash in hand.It looks like trying to...
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Last
58.0¢ |
Change
0.045(8.41%) |
Mkt cap ! $268.2M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 59.0¢ | 54.0¢ | $1.126M | 1.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10467 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 828 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
58.0¢ |
Change
0.045 ( 7.45 %) |
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| Open | High | Low | Volume | ||
| 54.3¢ | 59.0¢ | 54.3¢ | 919871 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| A1M (ASX) Chart |