GNM great northern minerals limited
Add to My Watchlist 7.14% ! 1.3¢

takeover of rey

  1. Tibbs
    12,488 Posts.
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    03/06/09
    22:24
    Post #: 5240332
    Seems a reasonable offer.

    Good for REY holders as it noow allows GNM to takeover & fund the coal project. They shares in a quality producing entity with strong upside.

    Good for GNM, they takr control of a large thermal coal resource & diversifies their projects.

    Also goo for GNM because it will add a whole lot more GNM shares to retail holders which will improve liquidity. They only thing BMN needs is more liquidity & volume & it goes into the ASX200

    GNM is a fascinating stock ... has been one of my favorites. Its a great long term hold
    GNM Price at posting: 56.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.3¢ 		Change
-0.001(7.14%) 		Mkt cap ! $2.010M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $1.397K 100K

Buyers (Bids)

No. Vol. Price($)
2 112397 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 62299 2
View Market Depth
Last trade - 15.46pm 20/06/2025 (20 minute delay) ?
GNM (ASX) Chart
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