Danube: to drive GBE's share price up should be no one's priority; except short term punters who want to make a quick buck. The management of GBEs priority should be to add value to their projects at this stage a large investor is needed. The Market will price GBE correctly as value is added.
If ECE is getting it so cheap; why is there no counterbid from other parties? How many of the punters who hold GBE shares will subscribe @ 35c a share to raise 41mil? I would say not even 10%.
ECE is not interested in GBE for a quick profit; but to fast track exploration on GBEs projects; asses and hopefully bring to production in the medium term. No where in the world will you find someone who will finance such a large chunk of a project (at risk), without gaining some sort of control.
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.65M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.7¢ | $11.49K | 291K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 103695 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 54314 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 103695 | 0.033 |
1 | 31250 | 0.032 |
1 | 100000 | 0.031 |
1 | 50000 | 0.030 |
2 | 150000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 54314 | 1 |
0.048 | 250000 | 1 |
0.050 | 50000 | 1 |
0.052 | 30000 | 1 |
0.058 | 200000 | 1 |
Last trade - 15.45pm 08/08/2024 (20 minute delay) ? |
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GBE (ASX) Chart |