Chill Booger, it's all about the price. After the raise it got...

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569 Posts.

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31/12/19

08:02

Post #: 42171420
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Originally posted by Ooogerbooger: ↑

Yawn. You're obsessed with the SPP, which was only offered as a mark of good faith by management after they raised $35,000,000 from sophisticated investors at the same 62c equivalent price. The fact that the SP subsequently fell well below the SPP price is of zero relevance for the longterm outlook of the company and its Kulumadau project, as by the time it needs to raise the balance of the capital to build the mine the share price should have well and truly recovered, given that the completed mine is worth in excess of $2.50 a share (using current gold price and the DFS). Hopefully today's market action is an early taste of that SP recovery.

I hope you took advantage of the price weakness pre-consolidation to load up at the 47.5c equivalent that was on offer?

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Chill Booger, it's all about the price. After the raise it got down to 1.7 cents.

So your saying you didn't take the offer , well neither did I.

I am very curious as to why the share price fell 30% below the offer price with little support.

With regard to GPR, I think it's one of the best shovel ready projects around.

However, long term outlook is already reflected in the price.

GPR Price at posting: 51.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $73.19M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.3¢	$5.02K	213.9K

Buyers (Bids)

No.	Vol.	Price($)
6	1072681	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	121257	1

View Market Depth

No.	Vol.	Price($)
6	1072681	0.022
2	123850	0.021
6	2981450	0.020
3	775000	0.019
2	1050000	0.018

Price($)	Vol.	No.
0.024	121257	1
0.025	458573	2
0.026	655830	3
0.027	1385000	2
0.028	7236	1

Last trade - 14.34pm 18/06/2025 (20 minute delay)

GPR (ASX) Chart

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