GED 2.63% 3.7¢ golden deeps limited.

Food for thought !!

  1. 286 Posts.
    lightbulb Created with Sketch. 24
    Well.....I see that there is nearly the same amount of opts @ 1.5 c( exercise price ) due to expire before 30 June 2021, if they were exercised then the company would have nearly 1,4 Billion shares on issue. I don't think they like that idea , so I tend to think that the share price will stay where it is until after the opts expire . I would not pay up @ 1.5 if the shares still trading at 1.3 & below, why would I pay 1.5 to exercise when I can buy on the market for Less ???........hmmmm unless prior to June they come out with some U Bute announcement.......that makes the shares go to say 3c + , in that case I would exercise the opts at 1.5 and then sell at 3c +...100% + profit.........if it was me running the company I would wait until the options expire in June only a few months now and then come out with a U Bute announcement , the shares go up and then do Capital Raise at higher price , they will need extra funds to drill in the future.

    anyway just my thoughts, time will tell
    Cheers D.Y.O.R
 
watchlist Created with Sketch. Add GED (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $4.274M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $9.326K 246.6K

Buyers (Bids)

No. Vol. Price($)
3 160906 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 9500 1
View Market Depth
Last trade - 15.24pm 24/04/2024 (20 minute delay) ?
Last
3.7¢
  Change
-0.001 ( 9.76 %)
Open High Low Volume
3.7¢ 3.7¢ 3.7¢ 23890
Last updated 15.24pm 24/04/2024 ?
GED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.