GS or whoever is the owner of the shares is no better placed than we are.I also would rather be in oil/gas than coal due to the time frames and relative war chest . I would give it another few months at least and allow some drilling and also the gold jv to progress before selling...if you are so inclined.
They are issuing 10m shares to Cameco energy of which 4m have been bought back at around 18.5c.So in essense most of the GS shares are being teansferred to cameco energy.fine by me.
I continue to add as I can now see that the $ is being put to work and that enterprise value will come into the stock once the main seller has left the register.
done deal, page-19
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1.4¢ |
Change
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Mkt cap ! $16.62M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $212.2K | 14.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3461350 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 500000 | 1 |
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| LRL (ASX) Chart |