Not reporting on visuals isn't necessarily a bad thing.
I wasn't sure of the ASX rules around reporting on visual results, so I've been doing some research.
I found this article (attached below) to give the best outline. I thought others here may appreciate it, given our current situation.
It seems there is no yes they must report or no they don't answer (which is what I was looking for)
Lets hope GBR management have chosen to save us from a potential pump and dump.
Visuals can leave to much uncertainty which allows speculation among investors to run wild and the potential then for the assay results to not live up to the hype.
At least if they can stay tight lipped until the assays are released it should be a more sustainable rally (on good results).
https://www.herbertsmithfreehills.com/latest-thinking/visual-inspections-of-mineralisation-to-report-or-not-to-report
- Forums
- ASX - By Stock
- News: GBR Great Boulder Resources Says Co Secures Interest In WA Copper-Nickel Project
Not reporting on visuals isn't necessarily a bad thing.I wasn't...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.16M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.3¢ | $67.66K | 1.555M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1076314 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.125 |
2 | 80109 | 0.110 |
1 | 10000 | 0.100 |
1 | 18000 | 0.094 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 78649 | 2 |
0.140 | 142666 | 2 |
0.145 | 56811 | 2 |
0.150 | 35382 | 3 |
0.155 | 32258 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
Featured News
GBR (ASX) Chart |