With FID for both BCS and K3W this CY, I cannot work out what these guys will do for the equity requirement. Their aspirations are admirable, but with GNX's balance sheet and current debt load I can't see how these projects get off the ground without selling a large portion of the project to give ourselves say 5% free carry. Otherwise dilution here we come...To me, this is the big item keeping buyers away.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $373.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 27.0¢ | $255.2K | 944.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 19170600 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 7131181 | 69 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GNX (ASX) Chart |