GDM great divide mining ltd

re: paterson's the underwriters! - bad move. Paterson's will...

  1. 1,507 Posts.
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    re: paterson's the underwriters! - bad move. Paterson's will want to see a low VWAP for 11-15th Feb, they get $150k regardless plus pick up shortfall on $3M value of shares @ 85% of VWAP for those 5 days ie very cheaply. The more it falls the less likely shareholders will take it up. A 5-15% margin over the maintained over the SSP price will be enough to see Paterson's immediately dump with their even's being upto 15% below market, if they put clients into any shortfall they'll let 'em dump at a loss. Whoever thought this one up was either incompetent or its something else!
 
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(20min delay)
Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $13.88M
Open High Low Value Volume
41.0¢ 42.0¢ 41.0¢ $23.11K 55.54K

Buyers (Bids)

No. Vol. Price($)
1 4819 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 1800 1
View Market Depth
Last trade - 15.19pm 25/07/2025 (20 minute delay) ?
GDM (ASX) Chart
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