GUE 6.35% 6.7¢ global uranium and enrichment ltd

Finally it has arrived, page-6

  1. 151 Posts.
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    So how are they going to fund the acquisition? They have already said they will seek shareholder approval to place shares beyond the 15% rule. I would say they would need at least AUD$10 million to fund acquisition and a healthy exploration budget (current mkt cap $9 million). Unless they see a run on the share price, we will be looking at a massive discount, and a doubling of the shares on issue (not to mention the plethora of performance rights).

    For this reason I sold out today. I'll buy back in post acquisition when the share price is 15c.

    Good luck to all.
 
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Last
6.7¢
Change
0.004(6.35%)
Mkt cap ! $17.80M
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6.4¢ 6.9¢ 6.4¢ $35.11K 528.4K

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No. Vol. Price($)
1 5148 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 47278 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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