It does, but.. Hartleys is only here for one reason, they are preparing for a major capital raising.
My guess is later in the year, GCY will raising approx $50m to ensure they can get Dalgaranga into production. The last capital raising was done well, I am sure the insto's are all on board already, especially when they know what is coming.
I have a small holding left, as GCY is IMHO very fairly valued compared to its peers. That being said, I still think in the long term it will do well.
Ann: Updated Research Report by Hartleys Limited-GCY.AX, page-3
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Last
$1.29 |
Change
0.035(2.80%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.31 | $1.25 | $8.109M | 6.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29952 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 40389 | 2 |
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