GNM great northern minerals limited

Unfortunately, junior explorers are at the mercy of brokers and...

  1. 288 Posts.
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    Unfortunately, junior explorers are at the mercy of brokers and hedge funds.. I don't know what is the background of Jetosea but I see them as substantial shareholders of many junior explorers.

    Like I say, part of the job of CEOs is constantly need to market your company to get new investors interests to join the bandwagon and also to replace existing who wants to exit. No matter what you say that role of CEO is to manage operations to improve its resource etc.. in current investing environment whereby the world of share trading are partly dominated by news in social media, internet investing stock forums etc.. CEOs has additional job to manage newsflow and have more IR engagement to keep interests on the Company.

    GNM is not some blue chips whereby you have funds or retirees who need to invest in you for dividend etc..
    GNM is s junior explorer and it needs to keep going back to market to raise money to explore and hopefully, if the money is spent well and it increases its resource, the sp will increase in order for it to continue with next round of CR.

    If it doesn't manages its sp, it falls back to the old CR price or lower, what does it say ? All money spend from last CR does not add value to the Co and more raising creates more dilution and a few rounds of the same, you don't have anyone looking at your stock..




 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $2.164M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 97360 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 34299 1
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Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
GNM (ASX) Chart
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