GGE 0.00% 0.6¢ grand gulf energy limited

The Board has resolved to consolidate the number of shares in...

  1. 1,426 Posts.
    lightbulb Created with Sketch. 73
    The Board has resolved to consolidate the number of shares in the
    Company on a 5 for 1 basis.
    ? This will reduce the number of shares on issue from 3.7b to 750 million.
    ? Over the last year the Company’s shares have traded between $0.002 and
    $0.004. As shares can only trade at a minimum of $0.001 increments this has
    led to 25-50% changes in value for each trade and therefore an inhibitor of
    liquidity.
    ? The Company is presently awaiting the testing of its West Klondike and
    Desiree discoveries anticipated to be undertaken during the current
    quarter. Testing will be followed by bringing the wells into production.
    ? A notice of meeting will be sent to shareholders forthwith.
 
watchlist Created with Sketch. Add GGE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $11.52M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $12.77K 2.323M

Buyers (Bids)

No. Vol. Price($)
8 7518972 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 730188 5
View Market Depth
Last trade - 15.48pm 28/06/2024 (20 minute delay) ?
GGE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.