As long as the funding issue is not sorted, I wouldn't call it a great buying opportunity. Since this stocks was $2+ now down to 28 cents like a falling knife, the management board keep on surprising the investor on their cash flow management skill, I agree with the above saying either 2 cents worth or $2. Or more likely could touch down to 20 cents then a dollar (As they have great project, I tend to think that they will sort out the funding issue but just don't know when).
General Discussion Banter GLN, page-15100
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Last
19.5¢ |
Change
0.030(18.2%) |
Mkt cap ! $92.41M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 20.5¢ | 16.8¢ | $1.164M | 6.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 448786 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 100000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |