GGE 20.0% 0.2¢ grand gulf energy limited

R15 and all, the value here is clear to see and supported by...

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  1. 1,562 Posts.
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    R15 and all, the value here is clear to see and supported by evidence in the recent annual accounts. SP was below .01 for a long time despite the value being obvious, clearly an opportunity was missed a few times by the punters who seem stuck on their initial entry price which today is irrelevant imo.

    The lack of discussion is surprising in some ways but not in others for those watching the stock closely. Remember the outrage when March qtrly was late? June Accounts were early and showed a profit which was in line with expectations, June qtrly was also early and showed clear progress being made and we also have the Research paper giving good overview and a couple of market updates for reference.

    In these times cash is king and profit is better, we have both and most comparable coys have neither but the market sets the price so we have to wait.

    Imo Financials were very good, picture is clear, future positive
    GLTA
 
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Last
0.2¢
Change
-0.001(20.0%)
Mkt cap ! $9.380M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $2.967K 1.233M

Buyers (Bids)

No. Vol. Price($)
29 29695512 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 7066692 5
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Last trade - 11.54am 29/11/2024 (20 minute delay) ?
GGE (ASX) Chart
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