GPG sold 5% of the company recently in the 12c range as part of their wind up.
Some of the buyers would have been short term and are happy to take 15/15.5c for a 25% plus gain in weeks.
Tend to agree this is one of the cheapest ASX stocks on a valuation basis.
A buyback may be possible if they could reduce the capital required for the new gold mines (eg sell one or JV with Chinese).
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Last
67.8¢ |
Change
0.018(2.65%) |
Mkt cap ! $591.6M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 67.8¢ | 66.0¢ | $760.8K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 29875 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 156728 | 17 |
View Market Depth
| Last trade - 11.32am 14/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |