Agree, but if GBE does a renounceable rights equity issue or a credit raise once the MDA is obtained it will be in the companies (and Bo Tans) interest to see that the share price for the capital raise etc. is at a decent enough level to provide sufficient funds to help them with CAPEX.
My thoughts would be at least .30 cents to make it worth while.
Countdown MDA, page-194
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4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.80M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 175000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 150000 | 1 |
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