Maybe ASX should look at the liquidity and float of a company before sending out these queries
- 155m shares on issue, 50% of which are escrowed, millions of shares held my steady hands like me also
- 9 oil & gas prospects of which 5 are at farm out readiness in Tier 1 jurisdictions, all while the world is in an energy crisis
- $10m cash at bank
- a chart consolidating since June
Any spark of buying would set this thing moving. If this was an older code and not a 2022 IPO it would probably be valued at $30m+ already
Always interesting that ASX never send out queries on the way down like May 27th’s 20c to 11c drop
GLTA
Maybe ASX should look at the liquidity and float of a company...
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