Hey Name, while I am also mainly focused on the longer term, as I am not here to trade GCY, I still harbor some reservations about the timing of the merger. But... it's done now, either both companies have a bit of good news and the merger occurs, or... GCY ends up going it alone again later in the year. Current POG is hopefully going to help in either case. I am a little surprised at the lack of take up on the offer from FFR shareholders, perhaps they expect a better offer. I do think in this case, the best offer was put first....
Just noted that a broker upgraded their price target for GCY (dated today). $0.80 target. That is a loooot higher than the current share price.
In fact, on the Cannacord list, GCY has the largest upside.
Updated company presentation 24th June 2021, page-5
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Last
$1.29 |
Change
0.000(0.00%) |
Mkt cap ! $1.429B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.31 | $1.27 | $6.108M | 4.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17537 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 39997 | 1 |
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