They are incorrect because you're assuming they will spend $600K+ this quarter, and you can only go off the figures presented until it becomes factually otherwise. Their cash position for the quarter should remain roughly the same without the need to sell off their CAZ shares just yet. However as stated agree that they are in a precarious position money wise and will need to address this in the near future (more matey share issues?).
Be wary of the 1mill seller in GDAO. Last time GDAO traded at 1.3c it turned out the seller was a director. Could never undesrtand why directors dont need to announce their intentions ahead of time. Would resolve conflict of interests scenarios.
running again - up 16.67%, page-10
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 6989 | 2 |
View Market Depth
| Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
| GDA (ASX) Chart |
Day chart unavailable