So what is the prevailing view here about Millei winning? The market appears to be reacting negatively, but I don't feel like the market is well informed on this point and I had chalked this up as a positive for GLN.
My reasoning being:
- His flagship policy of dollarisation is clearly going to be good for both inflation and the ability to repatriate capital
- He is massively pro-business
- While angling to be disruptive overall - He doesn't control licencsing or royalties which sit with Catamarca and he has very little congressional support and so I think less will actually change than most expect.
I hasten to add that it is probably a net negative for Argentina overall (I don't understand why people keep calling him a 'libertarian' when he plans to criminalise abortion).
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Last
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Change
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Mkt cap ! $101.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.0¢ | 21.5¢ | $260.1K | 1.172M |
Buyers (Bids)
No. | Vol. | Price($) |
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9 | 338927 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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22.5¢ | 161409 | 3 |
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No. | Vol. | Price($) |
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10 | 340027 | 0.220 |
21 | 583724 | 0.215 |
27 | 836872 | 0.210 |
18 | 811401 | 0.205 |
32 | 835568 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 161409 | 3 |
0.230 | 411936 | 10 |
0.235 | 389715 | 4 |
0.240 | 352907 | 14 |
0.245 | 381198 | 9 |
Last trade - 13.09pm 04/06/2024 (20 minute delay) ? |
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Last
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Change
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