Maybe the raise is also a smoke screen for potential off take partner to take a position at mates rates before the DFS? There has to be a strategic reason to do it prior to the DFS, considering DJ bought at $1.20 two months ago. Also M&A activity heating up so cash in tin driving the pilot plant forward may multiply up more than immediate dilution… anyway I think JP is a bit spontaneous and not always measured and methodical…after all it’s his first Rodeo and had some good wins to date…
Ann: Trading Halt, page-53
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $75.83M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $146.0K | 898.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1059716 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 225597 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |