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
31.5¢ |
Change
-0.030(8.70%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 31.0¢ | $1.192M | 3.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7065 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
-0.030 ( 8.10 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 36.0¢ | 31.0¢ | 1997630 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GLN (ASX) Chart |