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
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.8¢ | $1.062M | 21.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 5138497 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 6291273 | 3 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |