For those that don't understand the ARG Peso issue or ARG government risks...
The news of the last 2 months is a POSITIVE, NOT a negative.
GLN is in a GREAT spot going forward, as it would be paying it's OPEX in USD.
IMO
DYOR!!
https://hotcopper.com.au/threads/ho...615954/page-870?post_id=35763464#.W6ckNNdKjIU
There have been some serious currency and tax changes in the country but bear in mind that the company pays its expenses in USD, so a big devaluation of the peso is helpful. The peso is down 50% against the USD in 2018. All still looks on track.
General Discussion Banter GLN, page-240
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Last
31.0¢ |
Change
-0.015(4.62%) |
Mkt cap ! $128.0M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.0¢ | $409.7K | 1.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12752 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 13196 | 1 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
-0.015 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 33.0¢ | 31.0¢ | 351302 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| GLN (ASX) Chart |