GRL godolphin resources limited

GRL Chart, page-276

  1. 2,896 Posts.
    lightbulb Created with Sketch. 1765
    Amigos, the loyalty options are due to expire in a couple of weeks - 5th June 2022 I think. The announcement two years ago gave the timetable in the statement copied below. Surely management will give an update and a presentation soon. (I am most excited by the preliminary images of the drill cores at Yeoval north.) The amazing thing about GRL's shareprice is the very low volume of shares traded. The HotCopper chart for the last 12 months shows that there is usually less than 400,000 shares traded per week over the last 12 months - that is less than 0.5% of stock traded per week. I tells me that shareholders continue to hold, but there is low-buying pressure. Speaking for myself, "time in the market" is needed because you never know when the discovery hole is announced. That is the life for investors in junior explorers.

    "All Godolphin’s eligible share holders and option holders, with a holding on the Record Date of 5 June 2020, will receive 1 free Loyalty Option for every 3 Company shares and options held. Each Loyalty Option will be exercisable at any time on or before 24 months from the issue date, with an exercise price of 20 cents."

    https://hotcopper.com.au/data/attachments/4349/4349594-96a35c7cd0ea0221c5723a6f02c1a803.jpg
 
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.
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $4.039M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $151 16.77K

Buyers (Bids)

No. Vol. Price($)
14 4592560 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1118893 5
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
GRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.