It looks like Charles Morgan's increased holdings is via Seaspin underwriting the rights issue and the shortfall not taken up by shareholders. Either way it seems a vote of confidence from him. The CR was a big dilution but was really factored in months ago when the spp was first announced and what really hurt was the CR ann preceded bad news. It would be a bit like if QPN had to raise money now while the sp is very low. Anyway better to focus on the now, not how we got here.
La Posada- could be very big but we're only in for 5% at the moment and increase upto 10%.
D&L2- gge owns 39.5% small production at present and should increase.
D&L3- also 39.5% good prospect for gas and drilling soon.
D&L1- ??? not a duster more like a geyser
It looks like Charles Morgan's increased holdings is via Seaspin...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.867K | 644.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1565500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3016706 | 4 |
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| Last trade - 12.46pm 19/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |