I must admit I was a bit surpised as I was expecting an anouncemnet about the sale of the mining business. I guess that is proving more difficult to find a buyer for in this market.
In any case I'm sure the the funds will be put to good use and will add value as they have done in the past.
At least this time the raise has been done when the share price is doing quite well.
We do need to ramp up production so we need more machines.
This should mean we are not in a righ to sell the mining business for a firesale price too which is a good thing, plus once that does happen we'll have even more options.
GLTA
I must admit I was a bit surpised as I was expecting an...
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Last
46.0¢ |
Change
-0.015(3.16%) |
Mkt cap ! $41.77M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 46.0¢ | $15.96K | 33.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4526 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 18288 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| PPK (ASX) Chart |