The latest placement is the second within six months on very advantageous terms for the recipients, & not the existing shareholders.The share price has already been depressed & I cannot understand why the existing shareholders were not asked to participate. Also, I would have thought that any smart MD would have increased production to get any extra required funds from cash flow. Cash flow is alleged to be $40 million a year from 500,000 tons, & at this stage we are woefully well behind on the first year. Presentations say we will process about 77,000 tons each 8 weeks. Are we being fed manure?
what should we believe
Add GW1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.700M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 11685 | 1 |
View Market Depth
| Last trade - 16.14pm 19/07/2024 (20 minute delay) ? |
| GW1 (ASX) Chart |
Day chart unavailable