I am not downramping as I hold GGP/GGPO but no one has commented on the last paragraph, IMO its the cause of the share price drop.
"It is also likely that Grand Gulf will need loan funds during the course of the coming weeks to fund
operations whether or not the non‐renounceable entitlements issue continues in its current form. Certain
underwriters (including Seaspin, a company owned by Chairman, Charles Morgan) have indicated their
support for such funding on terms to be finalized."
announcement coming, page-17
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.843K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1835723 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1449825 | 7 |
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| Last trade - 12.25pm 12/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |