That is an outstanding summary,cso1, of where GIP is at present. Just a pity more people aren't interested in following this stock, although its long history has no doubt left a few bruised investors behind.
The German financial negotiations could be one of the last pieces in the jigsaw and a few big buyers last week, esp. in London, suggest others are thinking the same way.
Really thought this stock was ready for a run up on Friday when a big buyer came in at the start of trade, but the rest of the day was quiet.
I wonder what will happen when a financial deal is negotiated? According to the last Annual Report, the company has 233 million shares, with the top 10 holding almost 50%. Will these longstanding supporters continue to hold or will they bail out at the first sign of a sp resurgence?
There are also 43 million options expiring in Dec this year (9 cents to convert) so the company has the chance to pick up about $4 million if it plays its cards right. But GIP often struggles to meet deadlines....!!!
Again, thanks for a brilliant summary.
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Mkt cap ! $7.479M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.7¢ | 1745338 | 4 |
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4 | 1026833 | 0.005 |
4 | 9300000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
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0.008 | 2833808 | 5 |
0.009 | 14606480 | 6 |
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