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.
Danube: to drive GBE's share price up should be no one's...
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.80M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 175000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 30000 | 1 |
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| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| GBE (ASX) Chart |
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