Thanks SimoninCairns. I agree with you!
I just posted the following in response to the actual announcement.
LP showing the faith again! Exercising 10M 2c options before expiry 31 December 2022, means another $200K in GCM's bank account. He could have let them lapse and bought on-market for less at the time of course. Good news for other shareholders is more cash in bank and loyal Director with even more skin in the game. Advanced graphite Project, prospective looking REE assays from greenfields Northern Territory tenements, Queensland activities, new management (CEO) joining 1 February, low enterprise value - so what's not to like about GCM at present?
GCM - tech setup, page-26
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Last
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Change
-0.001(14.3%) |
Mkt cap ! $3.41M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $103 | 34.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 7822768 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5846010 | 13 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 100000 | ||
| Last updated 13.55pm 27/05/2024 ? | |||||
| GCM (ASX) Chart |