Unfortunately, GDY still have an institutional placement for early 2011 undermining the SP. This and the SPP have dragged the SP down.
They were originally targeting $0.50 for the SPP which at the time was a discount. The SPP ended up being approx $0.40. Now, with the SP at $0.30, will the institutional placement be at $0.30?
Perhaps the cornerstone investors could pony up at the SPP price and GDY defer the remainder of the placement until progress on Origin HSA and Hab4. This would remove the downward momentum.
- Forums
- ASX - By Stock
- how geothermal energy works
Unfortunately, GDY still have an institutional placement for...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add RNE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $1.608M |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $919 | 546.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
118 | 135312871 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 6387309 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
114 | 128788901 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 6387309 | 13 |
0.003 | 8968880 | 15 |
0.004 | 2055391 | 7 |
0.005 | 1200000 | 2 |
0.006 | 3269000 | 2 |
Last trade - 15.37pm 04/10/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |