IMO there will be a bid coming soon from Regis. They had a go at CMM which is a large low deposit but their major shareholder didn't want it to happen. I suspect RRL are ont eh hunt form new growth and GCY is perfect for them...having 2m oz of low to middle grades and that is what made Regis...Regis. I just bet they are on the otherside of these low price trades. They need to get a foot hold on the register before they make a bid and this is their opportunity...just my opinion but this bodes well for the future...GLAH
Look at the numbers for a guide, page-13
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 (20min delay)
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Last
$1.23 |
Change
0.235(23.6%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.24 | $1.10 | $26.99M | 22.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52000 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 69461 | 3 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |