If Shareholders want to get a return from this stock, it is my view that the Company needs to be sold. A Takeover is an attractive option as it is generally for a price exceeding the current SP. It would also be an attractive option for the suitor, as we do have some ok deposits, which in the right hands and the right Sales Team should be profitable. I'll put together a thread next week, inviting all sensible views on this topic and providing much more detailed reasons for a TO as well.
But in the meantime ... Happy Australia (Bauxite) Day everyone !!!
GLTH DYOR
Anyone home???, page-18
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Last
4.9¢ |
Change
-0.002(3.92%) |
Mkt cap ! $12.25M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.9¢ | $6.963K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 220430 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 19627 | 1 |
View Market Depth
| Last trade - 14.43pm 14/06/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
-0.002 ( 3.92 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.0¢ | 4.9¢ | 94673 | ||
| Last updated 14.43pm 14/06/2024 ? | |||||
| ABX (ASX) Chart |