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Ann: Loan from Crescendas Projects and PrIME legal dispute update, page-18

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  1. 413 Posts.
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    I think someone is playing with this stock....the big sell order is gone this morning and a quick drop back of the 2 pip gain yesterday occured on small parcel trade.
    Not sure what's going on.  It would almost appear that someone wants to cap the price?
    I think the 8 mill at 5 cents may have been a signal to anyone who is interested that a substantial stake could possibly be bought at market for a relatively modest sum.....in other words an invitation to treat?
    If we got back to 2 cents that would roughly equate to the long term market price (before the dilution debacle) of around 4 cents that had existed for quite a while.  I'm guessing fair value once the arbitration is done and dusted should be more like 3.5 cents....but 5 cents isn't out of the question.  My biggest concern is further dilution that may be necessary if further capital is required after a settlement or arbitrated decision.
    GLTA
    Kind regards,
 
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Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $13.00M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $25.15K 5.030M

Buyers (Bids)

No. Vol. Price($)
14 18291263 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 8551662 3
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Last trade - 10.32am 08/11/2024 (20 minute delay) ?
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