Perhaps, I think you will find they have achieved what they wanted to achieve, which made it really easy, given NO IR and NO revenue & NO updates whatsoever to market for 2 years. It was a "free kick" to the shorters and don't think for an one second the BOM are not aware of this, they either don't care less or they couldnt be bothered to respond, which IMO is incompetent and pathetic.
The big thing is that how beaten down the share price is and the significant decline in buyers, the volumes have collapsed, in the last few months. Making BRN not easy to successfully short and better options elsewhere.
In order to raise such a significant amount of money from an Australian investment group, the BOM must have disclosed details of what is happening within the company, as there is no way, anyone in their right mind would contemplate such a large and very risky investment, in a company that has disappointed for so long, perhaps since its existence!
Lets just hope they are not FOS like they were at the last two AGM's?
GLTA
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.6M |
Open | High | Low | Value | Volume |
19.5¢ | 20.5¢ | 18.3¢ | $2.707M | 13.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 93761 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 829397 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 64526 | 0.190 |
5 | 184864 | 0.185 |
30 | 802372 | 0.180 |
20 | 935968 | 0.175 |
36 | 1305135 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 821897 | 10 |
0.200 | 451330 | 10 |
0.205 | 863584 | 15 |
0.210 | 581069 | 21 |
0.215 | 481393 | 9 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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