don't think it will have any medium/long term impact on gln. even if the rumors are confirmed. rio is obviously interested in an existing producer with all permits, a complete production chain with an existing customer base. they are willing to pay a premium for this. they obviously have no desire to experience the horror from europe/serbia again.
gln still has to prove itself on many levels. it still needs a few approvals, the mgmt has to regain trust, a serious customer base has to be formed that really has a use for chloride and confirms to the market that it's a high-quality product. also the low production costs have to be proven first.
this is an extremely risky bet with many uncertainties. that's why gln is punished like this. therefore the reward at the end could be very high. no financial advise. my opinion. dyor.
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $68.54M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $197.6K | 1.702M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 269000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 92994 | 0.115 |
23 | 1457679 | 0.110 |
24 | 1921287 | 0.105 |
57 | 3690642 | 0.100 |
4 | 131111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 269000 | 4 |
0.125 | 441061 | 7 |
0.130 | 500900 | 13 |
0.135 | 1008914 | 4 |
0.140 | 133258 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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GLN (ASX) Chart |