I’ll give you and all your wisdom and wealth one last point about this company. There are massive bond conversions occurring at the moment, one due to the lack of funds to pay those bonds and two because the bonds are converted at low rates. The next time a bond conversion is due they’ll be another massive sell off so that those bonds can be converted low 2c possibly even in the 1c range. There is too much downward pressure and no funds in the company to do anything about it.
The companies that hold those bonds have an incentive to push the price down before converting, causing massive dilution to shareholders. I don’t know how you with your massive portfolio know so little about how these things work, it’s almost comical.
Anyway I’m not here to convince you what to do, hopefully you’ll learn something from this penny stock and how the markets work.
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geopacific resources ltd
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.19M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1072681 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 345 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1072681 | 0.022 |
2 | 123850 | 0.021 |
5 | 2955100 | 0.020 |
2 | 725000 | 0.019 |
2 | 1050000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 345 | 2 |
0.024 | 121257 | 1 |
0.025 | 478573 | 3 |
0.026 | 655830 | 3 |
0.027 | 1385000 | 2 |
Last trade - 16.14pm 19/06/2025 (20 minute delay) ? |
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GPR (ASX) Chart |
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RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online