Having attended the AGM, read the quarterly and listened to the conference call I've sold out at 32.5c last week at a significant loss. What I heard in the call is similar to the AGM ie production needs to get up in the PO but it still isn't doing so. Yet more promises not fulfilled. I sold because:
1. I am not convinced the production/cost issues will be sorted in time
2. the company has been far too slow in preserving cash
3. commissioning issues
4. little exposure if POG rises over the coming months
5. CEO's performance
6. I am not confident the half year report next month in terms of costs and strategic issues will be a pleasant read. I think GR will be shut down or sold at a heavy cost.
7. no director bought shares prior to the cut off on December 31
I hope Ms Scotland hasn't arrived too late.
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.5M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 19.8¢ | $687.8K | 3.425M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 278140 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 744228 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 269007 | 0.200 |
13 | 901320 | 0.195 |
35 | 1523547 | 0.190 |
20 | 904959 | 0.185 |
17 | 1487855 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 539393 | 10 |
0.210 | 830452 | 15 |
0.215 | 651877 | 6 |
0.220 | 342582 | 5 |
0.225 | 269129 | 8 |
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