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.
You have to think a government permit doesn't require these...
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Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $117.7M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 27.0¢ | $604.7K | 2.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118181 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 23820 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.005 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 29.0¢ | 27.5¢ | 831103 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| GLN (ASX) Chart |