Matyd, you only need enough cash to do the job at hand imo.
If we have to play the game as R15 highlights we can hedge our bets. Each to their own and there are probably other coys suitable to achieve the same outcome depending on individuals own preferences.
Some rough numbers below for GGE napoleonville based on the 2010 Ann's and some other assumptions of mine. It's subjective and big picture so please check for yourselves.
There are no guarantees of success but it's a starting point and a guide as to what we could be looking at here. As more info comes to hand the analysis will get better but there is enough around to take a view and apply to the Financial Accounts in respect to the value of Net Assets at June 30. Current SP is at discount to those Net Assets.
Not Advice here, just a point of view with some backing and rambling.
Cheers
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Mkt cap ! $9.380M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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25 | 27418675 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 28144 | 1 |
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No. | Vol. | Price($) |
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4 | 27599472 | 0.004 |
11 | 4475392 | 0.003 |
11 | 11600000 | 0.002 |
8 | 42550054 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 1150528 | 3 |
0.006 | 5120000 | 2 |
0.007 | 1285351 | 3 |
0.008 | 5480000 | 10 |
0.009 | 400000 | 1 |
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