Last year both Peter and Mark said they have plenty of capital $$ for the whole of 2021.
Before any capital raise GML will do a consolidation first simular to CMM which Peter was founding director of 4-5 years ago. I prefer they don’t but for GML to get more brokers and insto’s on board (Investing) they need to do a consolidation of shares. I predict to be the same as CMM at 5:1 ratio so a price at GML shares rising after a gold updated reserve announcement is when this will happen in my opinion, anything before a Gold resource announcement I would be very disappointed. I don’t see it happening as management have a huge amount of shares on issue so you would have thought they would have learnt heaps on their past experiences on this matter? If our shares rise to 5-6 cents I see an announcement shortly after about a Share consolidation. On a consolidation of 5:1 for every 5 x GML shares you hold reduces to 1 GML share and GML price rise to 25-30 cents pending Share price is at 5 or 6 cents at time of consolidation.
The general meeting is getting approval for directors getting there incentives approved. Nothing more or less.
I do wish management would communicate with us a little more often as if my wife had given me money and she didn’t hear from me with long periods of time like GML communicates with us she would filing for a divorce.
Starting to get a little frustrated with GML share price especially when I have made 600x in Crypto without any experience in the last 2 months.
- Forums
- ASX - By Stock
- GML target price
GML
gateway mining limited
Add to My Watchlist
12.5%
!
2.8¢

Last year both Peter and Mark said they have plenty of capital...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
2.8¢ |
Change
-0.004(12.5%) |
Mkt cap ! $11.44M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 2.7¢ | $86.06K | 2.969M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 285076 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 0.028 |
1 | 123444 | 0.027 |
1 | 200000 | 0.025 |
1 | 100000 | 0.020 |
2 | 158000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 285076 | 1 |
0.030 | 246179 | 1 |
0.032 | 100000 | 1 |
0.033 | 30000 | 1 |
0.034 | 661744 | 2 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
Featured News
GML (ASX) Chart |
The Watchlist
MEM
MEMPHASYS LIMITED.
Professor John Aitken, Scientific Director
Professor John Aitken
Scientific Director
Previous Video
Next Video
SPONSORED BY The Market Online