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.
Me either. I suspect the opposite for a few reasons: The deal...
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Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $115.6M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.0¢ | $276.0K | 973.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 364307 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 187335 | 7 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
28.5¢ |
Change
-0.005 ( 0.21 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 28.5¢ | 28.0¢ | 261148 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| GLN (ASX) Chart |