GBE 13.0% 5.2¢ globe metals & mining limited

To me a real question is the number of free shares (apprx 100...

  1. 42 Posts.
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    To me a real question is the number of free shares (apprx 100 million) that are held by long term holders which will certainly influence the price following the DA.

    It is highly likely in my opinion that LT holders will retain these knowing the real value that is likely to be achieved in 2-3 years which should help in the upward movement of the SP.

    My personal purchases have been influenced in a positive way by the contribution of both @chokdee and @railli9999 and I have quietly accumulated, a for me significant holding, all of which are hidden within the Citicorp nominees holding.

    The one concern I have is that I am constantly able to secure between 8 and 10 thousand AUD$ worth between 0.10 and 0.115. Given the relative closeness to the DA and the superb value on the table this continues to surprise me. Who are selling these shares and why ??

    To me personally the share can provide life changing possibilities, purchasing even now at 0.10 on certain days with a reasonable expectancy in a year or two increasing that value by 10 to 20 times with only political down risk which I am not foreseeing.

    Based on LT holders keeping their positions I forsee the RCR calculations of at least 0.60 quickly achievable following DA but I intend to hold long term for future results. Based on the number of long term holders here what are your personal views and are you all planning a long term hold following DA.
 
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Last
5.2¢
Change
0.006(13.0%)
Mkt cap ! $35.14M
Open High Low Value Volume
5.0¢ 5.2¢ 4.8¢ $27.59K 557.1K

Buyers (Bids)

No. Vol. Price($)
1 11951 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 29705 1
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Last trade - 15.37pm 03/05/2024 (20 minute delay) ?
Last
5.0¢
  Change
0.006 ( 4.17 %)
Open High Low Volume
4.8¢ 5.0¢ 4.8¢ 73929
Last updated 15.28pm 03/05/2024 ?
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