Thanks ainsleym , very obvious when looked at more carefully.
Also you are correct , the VTXOAs have extremely low liquidity. Although the extra leverage is a no-brainer people wishing to sell in the future may have to sell at a discount to fair value.
e.g. come June when the shares are trading at $1.00 , VTXOA might be trading at only 70c instead of 75c
Looking forward to today's quarterly report for the months of October, November and December. He might even add a current update on the gold processing plant progress.
Meanwhile; Aussie spot gold up again overnight.
GLTA
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Last
26.0¢ |
Change
-0.020(7.14%) |
Mkt cap ! $52.44M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $131.9K | 482.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 95016 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| VTX (ASX) Chart |