Really depends if you believe the afr report. if it’s through Petra, it will be at a steep discount, possible with dilutionary options.
If they are issuing shares to the offtake partner, it could be at a premium.
Most likely scenario, they’ve got an offtake partner without significant capital injection. They’ll release this information then go to market to raise some capital.
Just trying to square the circle.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.014(15.4%) |
Mkt cap ! $100.5M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.5¢ | 9.3¢ | $1.339M | 13.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 652929 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 257668 | 6 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| GLN (ASX) Chart |