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6.25%

3.4¢ geopacific resources ltd

What’s happening!, page-108

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214 Posts.

9

03/03/19

21:27

Post #: 37637324
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Originally posted by t_stone: ↑

“Most importantly none of there big shareholders buy in market... they wait for cap raise where they can get it damn cheap. May be less than 1 cents”

Opp what fantasy land are you living in?? Go back and look at all the previous CRs and tell me who is getting these “cheap”, I’ve bought into multiple SI raisings and none have been a significant discount. Previous holders of KDG dumping is my hypothesis until someone can provide some better insight.

$20-30m market cap is pretty fair value for this in its current state, unfortunately too much dilution for too little upside with the KDG deal. Still loads of risk but with a capital restructure, funding deal and resource upgrade we may still see some good upside but until then bottom draw these things and look for other opportunities.

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Haha. The two chances of Opp placing this stock in the bottom drawer and no longer posting are...............

Buckley's and None!

i do believe that formally securing finance will see a jump in the market cap. Just a waiting game for the shares to recover first for the equity portion.

We will see an updated top 20 this month with the issue of annual accounts that will tell us more about recent selling.

GPR Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.4¢		Change 0.002(6.25%)		Mkt cap ! $25.17M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.2¢	$3.311K	101.1K

Buyers (Bids)

No.	Vol.	Price($)
3	928000	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	214180	2

View Market Depth

No.	Vol.	Price($)
1	888060	0.011
3	350000	0.010
3	7942227	0.009
1	80000	0.007
1	500000	0.006

Price($)	Vol.	No.
0.013	158392	1
0.014	112500	2
0.015	2126211	2
0.016	100000	1
0.018	71428	1

Last trade - 15.33pm 06/11/2024 (20 minute delay)

GPR (ASX) Chart