I disagree with Comptonfarm. The calibre of holders are immense and I doubt they'll conspire to undermine other shareholders, especially when you consider their profile.
For example Billionaire Dale Elphinestone. Don't think for one second he needs any profits generated through this KIS investment, in my opinion, he is purely doing it to support Tasmania and King Island (he worked on King Island mine as a regular serviceman and therefore it has a sentimental value to him).
Dale has always made a point of doing whatever possible to support Tasmanian industry and employment - he loves the state. Elphinstone Group is a giant that has substantial operations and investments encompassing multiple industries. His public reputation is paramount to him.
Same with Chris Ellis, look up at his record and how he has previously delivered for shareholders. Most shareholders would be ecstatic to see the board and major shareholders contribute so strongly towards progressing the project into development. It's a testimony that they're profoundly confident of success and the a positive trajectory for Tungsten demand (and therefore price).
- Forums
- ASX - By Stock
- G6M
- Ann: Trading Halt
Ann: Trading Halt, page-17
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add G6M (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.001(4.17%) |
Mkt cap ! $25.10M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $33.01K | 1.297M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 120000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.025 |
5 | 1063748 | 0.024 |
1 | 139000 | 0.023 |
4 | 544193 | 0.022 |
2 | 357142 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 120000 | 2 |
0.029 | 200000 | 2 |
0.030 | 238491 | 6 |
0.031 | 250000 | 1 |
0.033 | 56039 | 1 |
Last trade - 15.32pm 01/07/2024 (20 minute delay) ? |
Featured News
G6M (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online