I do have a concern as to a large holder of the resource buying in, waiting for the leg work to be done and pulling the trigger on the deal which gives them a lions share of the value by options or a change in share class. This isn't a unique problem related to the Chinese. It's the problem you have when you issue far too many shares against the resource value and you need a large investor to get the deal done.
I do think the resource is significant, my interaction with the company has been really positive, however you do need a large investor like shenghe to get over the top and need to pick your price points and know when to go and when to stay.
The other factor is the greenland community who I believe are pragmatic people who want something for themselves and their kids. This will need to come with strong science and assurances which I believe GGG can deliver.
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2.2¢ |
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Mkt cap ! $30.99M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $18.03K | 819.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 577254 | 2.1¢ |
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Price($) | Vol. | No. |
---|---|---|
2.4¢ | 101094 | 1 |
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2 | 577254 | 0.021 |
2 | 2384005 | 0.020 |
6 | 1557772 | 0.019 |
3 | 1949857 | 0.018 |
1 | 625000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 101094 | 1 |
0.025 | 290329 | 7 |
0.028 | 1463126 | 3 |
0.029 | 120000 | 1 |
0.030 | 138094 | 2 |
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