On more observation ... this transaction explains the one off spike in volume on 12 October that mamged to get the 10 day MA up from 5.9 on 5 October to 6.8 today when the transaction is announced. Hmmmmm.
I have been looking at GGX's assets as I suspected something like this .. thery have some nice leases in the canning Basin in WA among others. But with 807k in the bank at end September they need cash to do anything with them .. hence themerger with OIP I guess.
H
OIP Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
