Got to say disappointed with the cost of yet another raising...especially as they seemed confident of finalising the same thing at 3 cents... seems they got the punters in at 3c and then the "boys" in at 2.2c not long after... Seems every raising they have done is for a lot less than the previous... originally saw these guys at the raising at 5+c prior to them having anything and the general market not too good. Now, the market is way above 5k and GGX have supposedly found saleable oil but the raising are at a all time low along with the sp.....even the positive drill results did nothing for the sp...not a good year.. seems there selling hope and maybe's again for a while.
GGX Price at posting:
2.2¢ Sentiment: None Disclosure: Held