@Cumminswannabe low liquidity = inefficient markets = mispriced share price
This is seen in the 32m market cap GBE has against a progressed project, with funding nearly secured, offtakes due in august and many more positive developments that should give GBE at least 25-50% of the project NPV
The NPV of the asset is US 1b
So 25% value accrediation is at least 250m US or 350m aud, 10x from today.
Yes the share price doesnt reflect this, but when the market is forced to price in concrete developments like funding and offtake, then there isnt enough free float for participants to take a position, this results in over priced share prices.
So low liquidity is a two sided sword.
GBE in turn will do a share issue at a premium thereby increasing float and closing out the remaining funding requirements
as you can see, those on the positive spectrum can argue with logic and fact.
Your posts however are full of illogical arguments, so much so that i'd prefer we stop our interaction with this post.
Its sad as I can see you are a holder - here's a tip - Sell and move onto these other stocks you speak of?
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Mkt cap ! $37.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 150000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.4¢ | 8535 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 150000 | 0.048 |
1 | 19500 | 0.038 |
1 | 400000 | 0.020 |
1 | 200001 | 0.015 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.054 | 8535 | 1 |
0.055 | 658757 | 2 |
0.057 | 250000 | 1 |
0.060 | 577909 | 1 |
0.062 | 30000 | 1 |
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