You have to think a government permit doesn't require these sorts of delays - it's either been granted or it hasn't. It's not like the government rings people up and says we planning to issue the permit in the next 3-7 days.
So to me, they seem to be buying time. For what, exactly, I don't know.
The pessimist in me says maybe they are planning to take the entire ATM facility in one big hit.
The stupid optimist says they are negotiating a deal with another partner.
I'm sure they have some announcement regarding a permit they are sitting on and will release when this confected suspension is no longer needed, but something else is going on.
Ann: Suspension from Quotation, page-44
-
- There are more pages in this discussion • 106 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $66.00M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 13.5¢ | $209.5K | 1.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 521276 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 414577 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |