Me either. I suspect the opposite for a few reasons:
Of course just imo. I could be totally wrong.
- The deal was referenced very heavily in the CR package. (You don’t have to be an insto to get the offer, just a 708).
- Glencore still went ahead with a site visit. DD on this deal would be 95% a desktop exercise, with the site visit being a final sanity check. I can’t see Glencore sending a contingent around the world for a deal headed south. And I can’t see what could possibly happen at a site visit to see a few wells, dams and dongers to change their view.
- GLN wouldn’t maintain their current rate of spending if they didn’t think funding was imminent.
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16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $78.23M |
Open | High | Low | Value | Volume |
15.0¢ | 16.0¢ | 15.0¢ | $238.9K | 1.543M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 302790 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 189198 | 6 |
View Market Depth
No. | Vol. | Price($) |
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4 | 302790 | 0.155 |
36 | 987839 | 0.150 |
13 | 463528 | 0.145 |
21 | 637938 | 0.140 |
7 | 483292 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 189198 | 6 |
0.165 | 177000 | 6 |
0.170 | 150000 | 2 |
0.175 | 66000 | 2 |
0.180 | 125150 | 4 |
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