Agree with you, consolidation not important. BHP and ANZ got 3b+ SOI, CBA about 1.8b and nobody has a problem with that. It is an old stigma that a company can't be attractive with billions of SOI. The MC is what counts, whether 500m or 5b SOI. Trading at $ 4 would be similar to what we got atm, just at 10 x higher sp with a 1/10 of volume. Only difference, 1c sp increments for us small fries.
GLTA
Agree with you, consolidation not important. BHP and ANZ got 3b+...
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Last
5.7¢ |
Change
0.003(5.56%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $2.499M | 45.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1921794 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 1368288 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |