GRV greenvale energy ltd
Add to My Watchlist 13.5% ! 3.2¢

My guess is that it will be massively oversubscribed and will...

  1. gobris
    1,645 Posts.
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    28/09/22
    11:16
    Post #: 63917284
    My guess is that it will be massively oversubscribed and will raise a whole lot more than $2.4m, which is nominally only $1200 per shareholder.
    It will be easily absorbed in the market.
    Hopefully this is the bottom and some good results from both the phase 2 Parr Reactor testing, and from the Millungera Geothermal project should be favourable for the ongoing share price.

    PS. AUD fell overnight to 0.64 USD. (14.7% since this years March high of 0.75) effectively increasing the imported bitumen price by this amount. GRV margins will be good!
    GRV Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.2¢ 		Change
-0.005(13.5%) 		Mkt cap ! $17.41M
Open High Low Value Volume
3.4¢ 3.4¢ 3.1¢ $7.524K 239.4K

Buyers (Bids)

No. Vol. Price($)
1 12941 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 193309 1
View Market Depth
Last trade - 13.43pm 24/06/2025 (20 minute delay) ?
GRV (ASX) Chart
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