what i meant was to cease trading; sell off all assets and send a cheque to shareholders, the sooner the better. In the last half year report, they got 1.2 million in interest and burnt 4.4 million. There is no shareholder value.
This would require a shareholder vote but can be done of course. A rough guess 30 cents plus return to shareholders?
no confidence, page-9
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $5.757M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.724K | 248.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1551000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 634987 | 1 |
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| Last trade - 12.55pm 03/12/2024 (20 minute delay) ? |
| GLL (ASX) Chart |
