Few current issues at play.
1. Gold Jrs being unloved
2. Central govt. trying to combat interest rates
3. GBR Cash on hand - cap raise before April next year.
BUT.
4. Resource update and achieve 1mill will gather interest from instos and other
5. Will unlock mining viability and shareholder value
6... Will the resource update be enough to get people interested before the cap raise is required?
7... If we don't cap raise, do we partner with Westgold to mitigate dilution of current holders? Other ideas?
8... Are those holders who got in at 20c 24 months jumping up and down and willing to get out on next good announcement and suppress the SP at 10c for the next 12 months?
9...... I wish it was straight forward. I have a large portion of my portfolio in GBR and believe in the story. We just need to be patient. Long term this will be 10x.
10. The below chart gives long term confidence (just how long we have to wait is the question).
Few current issues at play. 1. Gold Jrs being unloved2. Central...
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Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $37.83M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.3¢ | 6.1¢ | $85.34K | 1.373M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 106189 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 58845 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
0.001 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.3¢ | 6.1¢ | 292431 | ||
| Last updated 15.22pm 08/05/2024 ? | |||||
| GBR (ASX) Chart |