If management are serious about developing this resource they must start buying on market at these levels and calling in the troops for support.
You can't raise $500m to build a mine for a $200M market cap company or less.
The time for management to act is now - otherwise its game over for them and holders.
Even a strategic cap raising at a premium to MIN or another big player would be helpful!!
GL1 Megathread, page-1466
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $71.57M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 27.0¢ | $115.0K | 413.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25042 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 62727 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |