Just a little concerning that GNMOF holders wold keep dropping parcels into the bid a good 10%-20% below the fair value of those options, let alone factoring in the time value of ballpark two years to run. It's not massive volumes but we are talking 2-3 million options on most days so they are decent sized holdings being sold off a little cheap.
I've actually picked up some parcels to add to my GNM holdings, so it has suited me to an extent but I'm a little surprised they keep getting dropped like that with drilling results due.
I haven't been a long term GNM holder - can anyone inform me why there might be large holders of GNMOF willing to unload cheaply? Were they attached as freebies on a large CR so some holders just want to liquidate? Or were a large chunk given free to a broker as payment for leading a CR so they are now cashing in? Any other explanation?
Just a little concerning that GNMOF holders wold keep dropping...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.164M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97360 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 34299 | 1 |
View Market Depth
| Last trade - 16.12pm 19/06/2025 (20 minute delay) ? |
| GNM (ASX) Chart |
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